Laos faces labour shortage as living costs skyrocket

VIENTIANE (Xinhua): Depreciation of the Lao currency kip and skyrocketing inflation are the prime motives for Lao people to seek jobs in neighboring countries, resulting in labor shortages in Laos.

The rising cost of living and comparatively low wages are forcing thousands of Lao nationals to seek employment in other countries, with most seeking jobs in Thailand and South Korea.