LACK OF SKILLED LABOUR IS A PRESSING ISSUE FOR THAI BUSINESSES
October 1st, 2016
THE SHORTAGE of skilled labour is the “second most pressing issue next to political instability” that is hindering growth in Thailand manufacturing firms, a Bangkok-based World Bank expert has told People Management.
Indeed, the south-east Asian country’s skilled labour shortage has been getting worse: for example, the number of weeks it takes to fill a vacancy for a skilled worker in Thailand has increased from about five weeks on average in 2007 to about eight weeks in 2015, said the World Bank’s east Asia and Pacific programme leader for poverty and ...
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