The Employers' Confederation of Thai Trade and Industry (EconThai) expects the country's employment to continue slowing until the first quarter of 2021. EconThai vice-chairman Tanit Sorat forecasts average capacity utilisation this year at 60.8%, a poor sign for businesses and their employment. EconThai said the government's economic stimulus measures such as a job retention scheme and a job fair have yet to result in significant impact. Last month's three-day job fair, during which up to 1 million jobs were offered to attendees, was part of state attempts to curb the unemployment rate. The ongoing political conflicts, notably anti-government protests, worry EconThai because the issues may depress the economy and keep employment from recovering.

Source: Bangkok Post October 18, 2020 23:26 UTC