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'Thai unemployment at nearly 10 per cent' due to Covid-19

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3 minutes ago, GinBoy2 said:

Thing is there are two very distinct economies in Thailand.

 

One is the official one. Government workers, factories, basically the one who pay tax.

 

Then you have what I would argue is the larger one, the rural poor. They work an an ad hoc basis on the farms or whatever work they can find. They are nearly always 'semi employed' without any regular pay check.

 

So the unemployment numbers only really reflect that first category, the second are, and always have been excluded

If you see the BOT paper in the previous post you'll see that agricultural workers are included in the calculation but there are other factors that affect the totals which make them hugely unreliable.

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Hang on, I'll just get a fag packet out so I can calculate the real unemployment numbers on the back.

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Posted (edited)
On 6/5/2020 at 1:20 AM, Canuck1966 said:

Could all have been for nothing

Preventing more people from dying is nothing?

 

Good to know you won't be going to seek medical care if you get a heart attack, stroke or cancer?

 

Because many % of people don't die from heart attack, stroke or cancer.

 

But I suspect that you will not consider a heart attack, stroke or cancer "nothing" if YOU get it, right. 😲

Edited by SiSePuede419

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On 6/5/2020 at 3:40 PM, JusticeGB said:

Amazing the official statistics of the unemployment in Thailand showed an unemployment rate of only 1% in March 2020. Obviously something wrong somewhere!

Yes, a pandemic came along and then most of the country went in to lockdown.  Perhaps you heard about it?

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Seems a little low.

The problem is Thailand has industrial areas and tourist areas, so it's hard to say what's what.  High here, low there, trust the government to give you the right numbers.

LOL.

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1 hour ago, dogfish180 said:

"Due to Corona virus"? More like due to government control!

It doesn't matter if the government keeps it open or not, nobody is coming to Thailand.  

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I have seen TAT numbers to be highly suspect even in the past,

I also have hardly trusted a lot of the official government numbers

for the same reason that to them 1 plus 2 equals 5 or more, and

my math,  does not agree with their math.  We all know that more than

10 to 20 percent of the workforce is out of work, unless the government,

military, and essential workers like police, fire, health workers

and such make up 80 to 90 percent of the work force of Thailand.

Geezer

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3 hours ago, Stargrazer9889 said:

I have seen TAT numbers to be highly suspect even in the past,

I also have hardly trusted a lot of the official government numbers

for the same reason that to them 1 plus 2 equals 5 or more, and

my math,  does not agree with their math.  We all know that more than

10 to 20 percent of the workforce is out of work, unless the government,

military, and essential workers like police, fire, health workers

and such make up 80 to 90 percent of the work force of Thailand.

Geezer

Can I respectfully suggest that the reason you don't trust the numbers is because you haven't been able to cross check them or that you haven't fully understood the basis on which they are compiled? Another reason of course is because this is Thailand and distrust comes with the territory.

 

My experience is that most sets of government figures have at least one means of being cross referenced for accuracy and often times many more. For example, tourist arrivals numbers from TAT can be cross checked using passenger arrivals numbers from AOT and the independent airports. Unemployment statistics assume the reader knows that the 4-5% of people who are in the process of changing jobs aren't counted whereas in the West they are; Foreign Currency reserve uplifts each month can be checked against the budget surplus...and so on.

 

 

 

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17 hours ago, Almer said:

Confused i am, before the lockdown and curfew etc i see everyday many many people roaming around in Issans second biggest city with i assume no work and thats the one's outside goodness knows how many led at home, so 10% no way after this sorts itself.

Did i not read 20 million claimed for the government grant out of a total population of 70 million, many have not  realised they are already unemployed or there jobs are no longer there but are yet to find out.

Not everyone that claimed (and got the handout) worked to begin with, my Missus got the handout and she wouldn't work in an iron lung.

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On 6/5/2020 at 3:22 PM, steven100 said:

9.6 %  ......   :cheesy:       it's not April 1st .  

 

no way is it only nine percent, I would haze at a guess more like 30%.

 

Enlighten us illiterates how you "haze a guess". I want to try it as well. Do you need any ingredients?

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6 hours ago, Trillian said:

Can I respectfully suggest that the reason you don't trust the numbers is because you haven't been able to cross check them or that you haven't fully understood the basis on which they are compiled? Another reason of course is because this is Thailand and distrust comes with the territory.

 

No, it doesn't. There's no reason for distrusting anything. They've "remade" themselves by inventing a brand spanking new slogan: Amazing Trusted Thailand.

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On 6/5/2020 at 10:40 AM, Brunolem said:

Pimp business going public?

how can you tell who is a mangDA? or not?

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