Thursday, February 27, 2020

Wage hike not hurting job sector

Aug 01. 2012
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By The Nation

The Central Wage Committee yesterday revealed that more jobs were becoming available and that the government was doing a good job at controlling inflation and the price of goods.

Permanent secretary for Labour Dr Somkiat Chayasriwong, in his capacity as panel member, said the committee met yesterday to discuss the impact the minimum wage hike and the European economic crisis was having on the job situation in the country. They found that the rate of available jobs in April stood at 0.6 per cent, rose to 1.33 per cent in May and then to 1.9 per cent in June, he said, adding that this reflected business operators’ growing confidence.

Since the government has been controlling inflation and the price of goods well, he said the European crisis should not affect the job market very much.

However, he added that the agency would continue monitoring the situation because the impacts on this sector are visible a lot later compared to the production and export sectors.

He said officials were still collecting information for the board to consider when wages in the remaining 70 provinces should be hiked. The report is expected to be ready by October.

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