The article seems to admit as much, in that 0.6 isn't a cut-and-dry figure. What strikes me though is that a number like this should be reason for panic. Econo

The article seems to admit as much, in that 0.6 isn't a cut-and-dry figure. What strikes me though is that a number like this should be reason for panic. Economies try to shoot for unemployment numbers (realistically calculated ones) around 5%. (varies, see: http://en.wikipedia.org/wiki/Full_employment http://en.wikipedia.org/wiki/Full_employment ) As unemployment drops below 5%, it becomes harder to find workers in many fields, and the problem gets worse the lower you go. Down around 2-3% and you're facing an acute labor shortage, which leads to inflation and reduces investment in your country because there's no workers to fill new openings. But in short, I agree with you, the numbers rest on simply faulty logic, because if they were calculated by other means, Thailand's economy should be in crisis. But it isn't.