79
July 2022
Work Force Statistics
3% Trade Union Membership in 2019
General protests were held by workers in March to
improve working conditions
Recent Industrial activity
▪ Garment industry
Age & Gender Profile - Employed Population Q1 2022
Inflation and Wage Growth
Q2 2022
Total Labor Force (000s)
38,700
Employed Workers (000s) 38,108
Unemployed Workers (000s) 592
Unemployment Rate 1.5%
Thailand
4
28
24
2
0
2
20
24
24 2 4 4 0 0
emales Change Males Change
Q2 2022
Change in Labor Force compared to Q1 2020
Compared to Q1 2020, Employment in Thailand
has increased by 3.5%.
▪ Despite increases in all other age groups, the
Youth were impacted the most with 177K fewer
people employed compared to 2020.
Industrial Action
, 4
4,0 0
, 4
, 4
2,
2,00
4, 48
,0
4,
2,4
24 2 4 4 0 0
emales 2022 Males 2022
%
20%
%
0%
2 %
0%
%
Employer Tax rofit Tax T
Thailand Regional verage
420
8
. 8
0
0
20
0
2, 00
,000
, 00
verage Wage Manufacturing
Wage
Minimum Wage
Thailand Regional verage
Indicative Wages (in USD)
Other Cost Considerations
▪ Year on Year inflation as at June '22 was . %
▪ Wage Inflation (Year on Year) as at Q1 2021 was
0.3%
Change in Employed Population Compared to Q1 2020
Monthly Hourly
Sources:
https://wageindicator.org/
https://ilostat.ilo.org/data/
https://data.worldbank.org/
https://tradingeconomics.com/
http://statbbi.nso.go.th/analytics
Minimum wage varies by region.