EconThai warns of unemployment spike

Widespread unemployment is expected in the industrial sector this year as the economy braces for continued fallout from the coronavirus outbreak, just as over 500,000 new graduates leave university this May, says the Employers’ Confederation of Thai Trade and Industry (EconThai).

The group is raising concerns about the possibility that many graduates will not be able to find work, as some domestic companies are considering layoffs.

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Lamonphet Apisitniran