FRIDAY, March 29, 2024
nationthailand

BOT to keep close eye on unemployment rate

BOT to keep close eye on unemployment rate

The Bank of Thailand (BOT) will keep a close watch on unemployment, especially since it expects economic growth to be less than 3 per cent this year due to external negative factors, its senior director Don Nakornthab said on August 30.

The unemployment rate in July was 1.1 per cent, compared to 0.9 per cent in June. 
The bank is keeping a close eye on the situation because unemployment can affect domestic consumption and people’s ability to repay their debts.

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