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Bangkok Post
Bangkok Post
Business

Jobless rate lowest in 3 years as tourism rebounds

Wokers at a construction site in Bangkok (Photo: Bloomberg)

Thailand's unemployment rate hit a three-year low in the first quarter, the state planning agency said on Monday, declining to 1.05% from 1.15% in the last three months of 2022 as recovery in the crucial tourism industry strengthened.

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.

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