Building Thailand’s Beveridge Curve: New Insights of Thailand’s Labour Markets with Internet Job Platforms
Thailand has just taken a big step in making its labour market more transparent by building its first Beveridge curve, a tool that maps the relationship between job vacancies and unemployment. Using both government records and online job platform data, researchers revealed how different parts of the workforce—from blue-collar to white-collar, rural to urban—interact in real time. The results show a labour market that is still adjusting, with some mismatches but also untapped potential, especially as digital platforms reshape how jobs and talent connect.
For foreign investors, this signals not only a country investing in better data and policy tools, but also an opportunity to engage in workforce development, tap into emerging talent pools, and position themselves in a market that is becoming more transparent, data-driven, and ready for growth.