Thai jobless rate falls to 1.15% in Q4

BANGKOK- Thailand’s unemployment rate in the fourth quarter of 2022 dropped to 1.15 percent from 1.23 percent in the previous quarter, the state planning agency said on Thursday, as the vital tourism sector rebounds.

Employment increased 1.5 percent in October-December from a year earlier, but slowing from a 2.1-percent rise in the September quarter, as jobs in the service sector increased but farm sector employment contracted, the agency said in a statement.