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Bangkok Post

Business

Unemployment drops amid increasing economic activity

Unemployment NESDC

People seek out work at a recent job fair held at Suvarnabhumi airport. (Photo: Varuth Hirunyatheb)

Unemployment declined thanks to increased economic activity and a rebound in tourism. However, household debt increased, albeit at a slower pace, while total loan quality improved.

The National Economic and Social Development Council (NESDC) reported on Wednesday unemployment in the third quarter tallied 491,400, representing 1.23% of the total workforce, declining from 546,600 or 1.37% of the workforce in the second quarter.

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