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11.8 million employees Risk of losing their job Year 64 The company encountered liquidity problems.
Date Sep 20, 2020 at 4:28 PM
More than 38% of the bank’s workplaces are cash-strapped in 2021, academics have revealed that 11.8 million workers are at risk of losing their jobs.
Adjunct Professor Dr. Kiriya Kulkolkarn, Faculty of Economics Thammasat University Intervention in a panel discussion on employment and labor protection after COVID. Organized by the Labor Society to Combat COVID that the government corrective measures ended in August, the unemployment number is believed to be more remarkable. One concern is that a study by a private bank that analyzed the financial statements of 400,000 establishments found that 38% had liquidity problems by 2021 and 28% were vulnerable. Hotel companies, restaurants, fisheries, amusement parks, 11.8 million employees are at risk of impact, they reduce their wages and unemployment.
“When an establishment has liquidity problems, it cannot continue the business It must be fired Therefore, if the state does not have measures to promote employment That will support the business sector Maintain employment to reduce excessive dismissal. By the government subsidizes wages with employers. “Assoc. Dr. Kiriya said.
However, in this regard, caution should be exercised. Identify employers who participate in the program and have real problems This is because there will be establishments that have the potential to pay and still have production. You still want to keep workers, but you want to benefit from this cost reduction AND lay off workers at the end of the project Losing budget AND when the economy recovers, the project should be terminated immediately.
Mr. Thanit Sorat, Vice President of the Council of Thailand Employers, Traders and Industry Organization, said the economy in the second quarter was negative at 12%, the machine was negative at 25%, reflecting no new investment , job recovery would not appear anytime soon. Recently the economy is expected to take 2 years again, as before COVID. And it’s not currently considered a pass at the low end.
President of the Thailand Employers Organization, the Council of Traders and Industry Said that after COVID Many careers will disappear. Today’s skills are not the answer to the future. The experience is worth zero. The new investments will be a matter of technology. Therefore, the employment of various business sectors will be completely different. So many people will lose their jobs.
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