3rd quarter, Thais are still in debt. The 3-month default increases by 9.7%



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3rd quarter, Thais are still in debt. The 3-month default increases by 9.7%

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Nine out of three workers But people are graduating. Still the most unemployed Household debt continues to grow. Increasing debtors debt over the last 3 months. Stimulate the economy

On November 29, Thaksapan Sirisukun, secretary general of the National Council of Economic and Social Development, revealed that the Thai economy in the third quarter of this year was 1.7% higher than that of the agricultural sector. The agricultural sector grew 1.9% and the non-farm sector 1.6%, up from the previous quarter. And the strongest growth in 3 years is due to the expansion of the economy. Since 2014, the hotel and restaurant sector has grown by 3.0% and the manufacturing sector by 2.8%, while the construction sector has grown by 2.6% in the third quarter. For the first time in 2 years, retail and wholesale trade increased by 0.9.

The unemployment rate was 1.2%, down from 3% in the previous quarter, with 11.5% and 22.2% of unemployed and unemployed unemployed. Unemployment has declined at all levels. But graduates of higher education. The unemployment rate is higher than other levels of education. Workers over 40 hours a week decreased by 1.1%, while those who worked less than 35 hours a week and want to work more. Growth up to 17.5%, reflecting poor working conditions. Especially the farm workers. There were 236,065 low-level workers, or 14.0%, down 1.5% in total hours of work, as well as hours worked in the private sector decreased by 0.6%.

Labor productivity rose 1.6%, as labor costs rose. Labor costs, including the system and the private sector, increased by 1.4% and 3.1%, respectively, and when inflation was 1.5%, real wages in the private sector increased by 1.4%. The increase was 1.2%, while real wages in agriculture decreased by 0.5%, reflecting a slowdown in the cost of agricultural labor. more

The employment and labor market situation during the last quarter of the year 61 tends to evolve favorably. The Thai economy continued to grow well. This is supported by the easing of pressure on exports and the economy of trading partners. Including the consumer confidence index in the month. The crude remains high. The risk of global economic and financial instability is the object of close monitoring. In particular, the uncertainties and the effects of trade barriers between the United States and China. Including delays in the recovery of the tourism sector.

The trend of household debt continued to grow in 3Q06, commercial banks' personal loans outstanding increased by 8.4% and debt repayment capacity given the proportion of loans unproductive. The total loan portfolio increased from 2.72% in 2Q06 to 2.73% this quarter. Accounts receivable under personal supervision and with credit card loans remained close to the previous quarter. The number of delinquent personal loans monitored over 3 months and overdue increased by 9.7%, while the number of delinquent loans over 3 months of credit card loans decreased by 0.2%.

However, it is thought that measures to help people with low incomes. More through the state welfare card will contribute to the livelihood of low-income people. And stimulates consumption. Employment and production And the result is that the country's revenues continue to grow. Which is considered a solution.

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