Tuesday, February 27, 2024

Challenges awaiting the Thai labor market in the digital age

Thailand’s labor market faces digital revolution challenges. Singapore’s success in workforce skills and lifelong learning serves as a model. Structural weaknesses persist, requiring urgent adaptation.

The Urgent Need for Digital Skills in Thailand

A recent SCB report underscores the necessity for Thailand to better prepare its workforce for the digital revolution, emphasizing digital skills and readiness in the face of technological advancements. As the labor market faces structural weaknesses and slow productivity recovery, urgent adaptation from the workers, businesses, and government is required to remain competitive in the global landscape.

Ongoing Challenges in Thailand’s Labor Market

  • The labor market in Thailand is facing structural challenges exacerbated by the digital revolution, requiring urgent adaptation from workers, businesses, and the government to remain competitive in the global landscape.
  • Thailand’s labor market has shown rapid COVID-19 crisis recovery, but underlying structural weaknesses persist, such as a shift in workforce distribution and declining productivity.
  • Thailand needs to prioritize digital skill development and lifelong learning, drawing inspiration from Singapore’s successful approach in preparing its workforce for the digital age.

The Impact of the Digital Revolution on the Thai Labor Market

The transition to the digital revolution poses significant challenges for the Thai labor market. Adapting to this change presents an opportunity, while ignoring it poses a threat to the workforce, potentially leaving them behind without awareness. The digital divide worsens social inequality and hinders the country’s competitiveness, highlighting the urgent need for investment in digital skills and technology infrastructure.

Source : Challenges awaiting the Thai labor market in the digital age


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