Unemployment rate

Thailand unemployment rate drops to 1.05% as tourism industry rebounds

Thailand witnessed a decrease in its unemployment rate during the first quarter, reaching a three-year low of 1.05%, down from 1.15% in the final quarter of 2022, according to the state planning agency’s announcement on Monday. The improvement is attributed to the strengthening recovery of the vital tourism industry. The nation’s economy, which is the second-largest in Southeast Asia, experienced…