Aside from the rise in the minimum
wage, labor shortages also present a
challenge to SMEs. As the Thai labor force
is expected to begin decreasing after 10 to
15 years from now, a scarcity of workers will
become a large problem, especially in the
manufacturing sector, where the effects can
already be seen. Many Thai workers have
turned to self-employed jobs. And there is a
significant skill mismatch issue, involving an
insufficient supply of the skills and experience
that businesses need from workers. This
means that workers will be harder to find
and SMEs will have to pay more attention to
increasing labor productivity