Bridging Thailand’s Labor Gap

Bridging Thailand’s Labor Gap
A growing shortage of workers is one of the main challenges facing Thai companies today, as business owners and executive will tell you. The problem will only worsen in the years ahead, which is bad news for Thailand’s stumbling economy. GDP growth has been slowed by this hurdle for several years already. In this issue of Insight, SCB Economic Intelligence Center looks at three aspects of the labor gap. We assess the current state and future growth of the problem, examine its causes, and propose some ways companies can cope.

Contents

• Executive Summary
• What causes labor shortage in Thailand?
• Impact on the economy and major industries
• Business strategies to cope with labor shortage