BANGKOK (NNT) – Thailand’s jobless rate hit a three-year low in the first quarter of this year, declining to 1.05% from 1.15% in the last three months of 2022 as recovery strengthened in the crucial tourism industry.

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Southeast Asia’s second-largest economy grew faster than expected in the first quarter, driven by the continued pickup in the travel sector – a key source of jobs that was decimated by the pandemic.

According to a statement by the National Economic and Social Development Council (NESDC), employment increased 2.4% in January-March from a year earlier, up from a 1.5% rise in the previous three months.

Full story: National News Bureau of Thailand

Reporter: Paul Rujopakarn,
Rewriter: Tarin Angskul
National News Bureau of Thailand