EMPLOYMENT / Immigrants most susceptible to layoffs in face of slump

Written by Writer on Monday, November 10th, 2008

EMPLOYMENT / most susceptible to in face of

POST REPORTERS

are at highest risk of being unemployed at a time of as they are likely to be released first by struggling businesses, according to Pornsilp Patcharintanakul, deputy secretary-general of the Board of Trade of Thailand.

The has raised among industries about their future , with some executives predicting that as many as people becoming unemployed next year.

Mr Pornsilp said would generally look after Thai workers, so in cases where were unavoidable, foreign workers were likely to be the first to go, as many were working in the country illegally.

He believed if in the and were laid off, there was potential for social problems and even higher crime as only a small percentage might go back homes in , mainly , and Cambodia.

It is estimated that more than are currently but official records show only 500,000. The government in November 2007 extended by another two years the work permits for from , and Cambodia whose permits expired in 2007.

The government has been alert to the possible sharp rise in unemployment and tried to cushion the impact for Thai employees, but no organisation has considered how to manage unemployed .

Mr Pornsilp said no one knew the of so it was impossible to estimate how many of them could be out of jobs.

”In the case of Thai workers, they can go back to their and work in the if they have been laid off. Most don’t want to go home. If there is no job for them, there may be social problems,” he said.

He also suggested the government to provide financial support to encourage the estimated 700,000 university students who graduate next year to stay in school until the economic situation has improved. ”If those students can continue their studies for higher education, they will not face a struggling economy. [Remaining in school] also prevents them from competing for jobs with the current workforce, resulting in no additional unemployment,” he added.

Bangkok Post
Monday November 10, 2008

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