The number of unemployed people rose to 820,000 in April, or 2.1 per cent of the national workforce, an increase of 270,000 compared to the same month of last year, according to the National Statistics Office.

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820,000 unemployed in April

External stability in Thailand was upheld by high international reserves, while trade and current account were close to balance. Regarding internal stability, inflation rose from last year in line with higher oil prices, despite a downward trend during the second half of the year. Unemployment rate remained low in Thailand in 2008 but employment started to deteriorate in the forth quarter, particularly in the production sector affected by economic slowdown.

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