UNFPA: Thailand’s demand for labor “still high”
Friday, 30 November 2012 15:19
S.H.A.N.

“For the first time in the history of the country, the population of older persons will exceed the population of young persons by the year 2020,” it reports, “and this signifies that the size of the working group might fall sharply within 30 years which means that fewer working people will need to pay for more elderly people who may live to be 80 or 90 years old.”
One of its propositions is to raise the country’s pensionable age to be able to pay for this population structure.

Nitwattumrong Boonsongpaisan, Minister of Prime Minister’s Office
The average number of children for each woman in Thailand has come down from 6.6 to 2, according to the UNFPA report.
Meanwhile, the kingdom’s labor ministry has announced that an estimated 1 million migrant workers who have yet to complete their nationality verification process face deportation after 14 December. So far, only less than 890,000 have completed the process.
Tags: General, News
