High tech cuts into jobs, unemployment up | Bangkok Post: news - News Summed Up

High tech cuts into jobs, unemployment up | Bangkok Post: news


The NESDB reports that new technology is replacing many jobs, leading to higher unemployment. In the non-farming sector, the number of jobs was down 1.8%, with workers in the production, construction, wholesale, hotel and restaurant sectors most affected. The unemployment rate was 1.19%, with 450,000 out of work, up from 0.94% in the same period last year. Of the unemployed, 65% had high school level education or lower and had been looking for jobs for up to three months. Mr Porametee said that the group had a higher risk of unemployment than other groups because new technologies were replacing humans in repetitive tasks.


Source: Bangkok Post December 07, 2017 10:30 UTC


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