Thai jobless rate falls to 1.15% in Q4

BANGKOK (Reuters) – Thailand’s unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the state planning agency said on Thursday, as the vital tourism sector rebounds.

Employment increased 1.5% in October-December from a year earlier, but slowing from a 2.1% rise in the September quarter, as jobs in the service sector increased but farm sector employment contracted, the agency said in a statement.

(Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Ed Davies)