The Fragile Thai Labor Market: Underlying Weaknesses Despite Low Unemployment

In this video, we delve into the Thai labor market and uncover its vulnerabilities. Despite a seemingly low unemployment rate, the market is facing multiple challenges. We explore the impact of the US trade war, the limitations of the Thai labor market structure, and the long-term effects on the country's competitiveness. The analysis reveals a fragile market with declining worker income, reduced working hours, and an increasing proportion of part-time workers. We also discuss the impact of the COVID-19 pandemic, which has left long-lasting scars on the labor market. The video highlights the need for Thai workers to adapt their skills, financial mindset, and adaptability to navigate these challenges and thrive in the new labor market landscape.

Видео The Fragile Thai Labor Market: Underlying Weaknesses Despite Low Unemployment канала Purely Everything