Thailand’s employment rate rises as tourism reopens

The anticipated loosening of entry rules in Thailand and further economic recovery are expected to lead to double-digit growth in the country’s employment rate this year.

According to job search platform JobsDB, the end of the Thai work permit and other measures, which are a deterrent to tourists, such as mandatory insurance and wearing a mask abroad, will boost Thailand’s employment sector.

See: Thailand without a mask, without a permit Thailand and without compulsory insurance on July 1

JobsDB said jobs in IT, engineering, digital marketing and those with the skills to support the creation of the metaverse are not available, despite their salary increases.

The company said hybrid work is a key incentive that can help retain employees and avoid mass resignations.

“We expect Thailand’s employment to see double-digit growth this year after the easing of pandemic-related restrictions over the past two months, with a 20-50% increase expected, depending on the sector,” said Duangpurn Promon, Managing Director. JobsDB Recruitment (Thailand).

She said IT workers have the highest demand since the pandemic and this trend will continue due to digital transformation.

Programmers, software developers, data scientists, analysts, and those with skills in IT infrastructure, cybersecurity, cloud operations, and artificial intelligence are most in demand by IT companies.

“The demand for digital marketers and people with skills that can support the metaverse is also growing,” said Ms Duangborn.

Information technology is the number one profession in terms of the percentage of companies experiencing a salary increase, with 41% of companies reporting it, followed by sales, customer service and marketing at 40%, education and training at 40%, health and beauty at 39%, and management at 38%.

These numbers compare the first nine months of 2021 to the same period the previous year.

According to her, mixed work policies and challenging tasks are the main factors that can attract employees.

Duangborn said that in the United States and Singapore, remote work has been adopted to reduce smoking cessation, while large conglomerates in Thailand continue the trend.

Layoffs are not expected to increase in start-ups, but they have occurred in large, losing companies such as Shopee.

Shopee has reportedly laid off workers in all ASEAN markets, including Thailand.

“Companies should seek to increase their revenues in order to increase the salaries of their employees to face the rising costs,” she said, in the context of rising inflation.

Labor Market Outlook for 2022

JobsDB also revealed its 2022 Labor Market Outlook survey, based on job advertisements and job application data.

The IT and IT sector ranked first in the number of vacancies on its platform last year, driven by changes in customer behavior on the Internet and government support for the adoption of computing devices.

This sector accounted for 11.3% of vacancies, followed by retail trade, commerce (10.8%), and banking and finance (8.4%).

The jobs that received the most requests were sales, customer service and business development (14.3%), followed by marketing and public relations (11.7%).

Source: Bangkok Post

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