Pantheon Macroeconomics

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2nd Jun 2023 15:05Emerging Asia, Weekly Monitor

  • The MFP’s minimum wage pledge would cause a shock, with Thailand’s current rate already high.
  • High labour costs will be a long-running problem, in any case, even if the proposal is watered down...
  • ...The job market is structurally tight, as Thailand’s working-age population is falling faster than most.

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Keywords for: 5 June 2023 Emerging Asia Monitor

job market, June, labour, labour costs, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence