The Thai economy showed some signs of recovery in the last quarter of 2014. Monthly data indicated that private investment improved in November and consumers were more confident in December. Nevertheless, the contraction in manufacturing output continued and exports remained weak. Despite disappointing export performance, the ongoing decline in oil prices will benefit Thailand’s external accounts. Meanwhile, on 23 January, the National Legislative Assembly impeached former Thai Prime Minister Yingluck Shinawatra for her handling of the previous government’s rice subsidy scheme, thus banning her from politics for five years. Yingluck could face ten years of jail if the Supreme Court finds her guilty on charges of criminal negligence. The decision could provoke tensions in the politically divided country, which is still ruled by martial law. Unemployment Rate in Thailand decreased to 0.55 percent in November of 2014 from 0.75 percent in October of 2014. Unemployment Rate in Thailand averaged 1.55 percent from 2001 until 2014, reaching an all time high of 5.73 percent in January of 2001 and a record low of 0.39 percent in November of 2012. The Bank of Thailand reports unemployment Rate in Thailand.
In Thailand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Thailand Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Thailand Unemployment Rate - was last refreshed on Thursday, January 29, 2015.