BANGKOK — Employment in Thailand dropped 0.4 percent in the second quarter from a year earlier due to lower farm jobs, after a 0.1 percent year-on-year dip in the previous quarter, the state planning agency said on Monday.
Agricultural employment dropped 5 percent in the second quarter year on year, while non-farm jobs rose 1.5 percent on the year, the National Economic and Social Development Council (NESDC) said in a statement.
Jobs in the hotel and restaurant sector were up 4.9 percent year on year in the April-June quarter while manufacturing employment increased 2.2 percent, the agency said.
The jobless rate rose to 1.07 percent in the April-June quarter from 1.01 percent in the previous three months, NESDC head Danucha Pichayanan told a press briefing, citing the closure of smaller businesses as a factor.
Thailand's definition of unemployment is narrow and only counts as jobless those who do not work a single hour in a surveyed week, however. Analysts say the figures do not catch Thailand's significant unofficial economy.
In the second quarter, Thailand had a total workforce of 40.18 million, little changed from 40.2 million in the previous three months.
Southeast Asia's second-largest economy grew 2.3 percent in the April-June quarter of the year, beating expectations.
The planning agency forecast growth of 2.5 percent this year, after last year's 1.9 percent expansion, which lagged regional peers.
Read The Rest at :