Thailand Unemployment Rate: 1.21% (Q2 2024)
Thailand Unemployment Rate came in at 1.21 on Jul 31, 2024, compared with 1.1 previously. See the full release history, chart, Bank of Thailand context, and API access for this series.
- Actual
- 1.21
- Previous
- 1.1
- Forecast
- --
- Next release
- Nov 30, 2026
Q2 2024
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Thailand Unemployment Rate release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.
Thailand Unemployment Rate release analysis
What the release showed
Thailand Unemployment Rate came in at 1.21 in the release of Jul 31, 2024, up 0.11 from 1.1.
How it compares
This is the highest reading in the 3 releases shown since Q2 2024.
The series rose in 1 and fell in 1 of those release-to-release moves.
Why Unemployment Rate matters for THB
The unemployment rate is a cornerstone of the Bank of Thailand's dual or single mandate. A tightening labour market signals wage pressure and potential inflation, pulling rate expectations higher and supporting the thb.
How to read it
A lower-than-expected unemployment rate is typically thb-positive because it implies a tight labour market and possible wage inflation, consistent with hawkish central bank policy. A rising unemployment rate increases rate-cut odds.
What to watch next
The next Thailand Unemployment Rate release is due on Nov 30, 2026.
- Direction of change rather than the level itself
- Participation rate moving the headline rate independently
- Underemployment (U-6 in the US) widening vs U-3
- Sahm Rule trigger for US recession risk
Recent Thailand Unemployment Rate releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| Sep 30, 2024 | Q3 2024 | 1.07 | 0.93 | -- |
| Aug 30, 2024 | Q2 2024 | 0.93 | 1.21 | -- |
| Jul 31, 2024 | Q2 2024 | 1.21 | 1.1 | -- |
Get Thailand Unemployment Rate data as soon as it is published
This page shows the most recent releases. The API serves the full Thailand Unemployment Rate history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/thb/unemployment
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/thb/unemployment",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])Match this release by announcement_id thb_unemployment_2024-05-31. Forecasts for the same release: /v1/predictions/thb/unemployment.
Release data snapshot
Citation fields for this announcement.
| Public release ID | thb_unemployment_2024-07-31 |
|---|---|
| API announcement ID | thb_unemployment_2024-05-31 |
| Release time |
Estimated 2024-07-31 07:30 UTC
|
| Reference period date | 2024-05-31 |
| Actual value | 1.21 |
| Previous value | 1.1 |
| Forecast | -- |
| Surprise | -- |
More Thailand Unemployment Rate releases
Move through adjacent announcement records for the same series.
Related Thailand indicators
Continue from this release into adjacent macro series for the same country.
Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Thailand Unemployment Rate.
What did Thailand Unemployment Rate come in at, and how did it compare with the forecast and the previous reading?
Thailand Unemployment Rate was 1.21% in Q2 2024. The previous reading was 1.1%.
When was this Thailand Unemployment Rate release published?
The publication time is estimated for Jul 31, 2024 at 14:30 Asia/Bangkok. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.
When is the next Thailand Unemployment Rate release?
The next Thailand Unemployment Rate release is scheduled for Nov 30, 2026.
What is the official source for Thailand Unemployment Rate?
IMF IFS publishes the official Unemployment Rate series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1722411000,
"announcement_id": "thb_unemployment_2024-05-31",
"date": "2024-05-31",
"previous_value": 1.1,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"release_time_assumed": true,
"revisions": [
{
"epoch": 1719732600,
"val": 1.21
}
],
"val": 1.21
}