Author Topic: Half of new graduates will not get jobs  (Read 752 times)

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Offline thaiga

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Half of new graduates will not get jobs
« on: May 06, 2014, 05:43:59 PM »
Up to half of college and university graduates this year will not be able to get jobs due to the sluggish economy and business closures.

The Federation of Thai Industries (FTI) predicts that the number of new graduates will outnumber the positions available in many companies by about 50 percent.

From this figure, the FTI predicts that at least 150,000 graduates or 50%, would be unable to find jobs if they apply for jobs.

The Department of Employment has estimated that in 2014, there would be at least 547,800 people entering the workforce, and around 336,900 of them would be Bachelor’s Degree graduates, who account for 61.5 percent of job applicants.

Meanwhile, Thailand Development Research Institute (TDRI) has forecast that Thailand’s GDP will only grow between 2.5 to 2.7 percent this year. It has also predicted that unemployment rates will reach 1.0 to 1.2 percent in 2014 across the country, considerably higher than last year’s rate of 0.8 percent.
Anyone who goes to a psychiatrist should have his head examined.

Offline Roger

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Re: Half of new graduates will not get jobs
« Reply #1 on: May 06, 2014, 08:08:32 PM »
Yes Thaiga - bad situation here.
Similar to the UK maybe - my youngest Son's girl has a USA medical degree and works in McDonalds or similar in London, as he completes his degree at Goldsmiths in London in Psychology ...............
I fear much for his job chances and expect they will both go back to the USA for their careers. They may find it hard there too !
And Bliar aspired to get 50% of school leavers into Uni - laudable PR but practical nonsense in my view.
I feel sorry for these youngsters. ATB