Thailand to brace for deterioration in job outlook


BANGKOK (Bernama): Thailand’s Monetary Policy Committee (MPC) has expressed concerns over the job outlook which would deteriorate sharply and take a longer time to return to normal following the impact of the Covid-19 (coronavirus) pandemic.

Minutes of the latest MPC’s meeting said some workers may be temporarily unemployed during the containment period, while others could be permanently unemployed due to business insolvencies resulting in shutdowns, layoffs from weak demand, or greater use of automation.

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Thailand , MPC , Job Outlook , Baht , Covid-19

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