BANGKOK: Thailand’s National Economic and Social Development Council (NESDC) on Saturday (May 30) said that it estimates that about 8.4 million workers in the kingdom may lose their jobs due to the Covid-19 pandemic.
A couple wearing protective face masks is pictured on the escalator inside a shopping mall, after the Thai government eased isolation measures, amid the coronavirus outbreak, in Bangkok. About 8.4 million workers in the kingdom may lose their jobs due to the Covid-19 pandemic. - Reuters
In a report on Thailand’s social situation and outlook for the first quarter of 2020 , the state planning agency said 2.5 million workers in tourism sector, 1.5 million industrial workers and 4.4 million in the services sector face the risk of losing their jobs. Meanwhile, the NESDC said six million farmers have also been affected by the ongoing drought that had started mid-2019.
As the Covid-19 situation in the kingdom improved with low number of new cases daily, Thailand had started to ease its movement restriction measures by reopening businesses and venues starting May 3 in the first phase of relaxation to spur economic activities.Meanwhile, the NESDC said approximately 520,000 graduates will be entering the market between May and July this year, and voiced concerns that there may not be jobs for them.
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