Analysis of COVID-19 Pandemic Impact on Labor Force in Thailand (70674)

Session Information: Economics and Management
Session Chair: Blenn Nimer

Saturday, 27 May 2023 15:35
Session: Session 4
Room: Room 708
Presentation Type:Oral Presentation

All presentation times are UTC + 9 (Asia/Tokyo)

Covid-19 has begun to spread in Thailand since early 2020, and consequently the economy in some industrial divisions contracted while some industrial divisions expanded significantly. This study investigates the impact of Covid-19 pandemic on Thai labor force in the aspect of employment and income. The labor force survey data collected by National Statistical Office during 2019-2020 was categorized into 80 industrial divisions. Descriptive statistics and inferential statistics were utilized to compare between the situation before the Covid-19 pandemic and the situation while Covid-19 spreading. The study found that while Covid-19 spreading, in Thailand, the number of unemployed persons increased 40.35% while the number of employed persons increased 2.51%. The employment in the accommodation division showed the highest decreased by 90,992 persons while the employment in the food and beverage service activities division showed the highest increased by 222,142 persons. The income of the persons in the travel agency and tour operator activities division showed the highest decreased by 66.39% while the income of the persons in the libraries, archives, museums and other cultural activities division showed the highest increased by 316.90%. The government policy maker, the investor, and labor force should learn about the opportunity and threat from this crisis.

Kitsana Lerdkasetwittaya, Rangsit University, Thailand
Thoedsak Chomtohsuwan, Rangsit University, Thailand
Narissara Charoenphandhu, Rangsit University, Thailand

About the Presenter(s)
Dr Thoedsak Chomtohsuwan is a University Assistant Professor/Lecturer at Rangsit University in Thailand

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Posted by Clive Staples Lewis

Last updated: 2023-02-23 23:45:00