Why Thailand's unemployment rate is ridiculously low
Low unemployment (below 1% since 2011) due to low birth rate, lack of social insurance & informal sector with 64% of workforce (street vendors, motorbike taxis, self-employed).Sugar-cane farmers in Chon Buri province are among the more than 40% of Thailand's population engaged in agriculture, where there is a high degree of underemployment
underemployment
Meaning: workers who could have a better job, but are working in some low paid, low skill job to earn money
Thai Translation:
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and off-season unemployment. Nonetheless, they are counted as employed. (photo by Patipat Janthong)