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  1. #1
    Thailand Expat misskit's Avatar
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    Research suggests elderly remain in labor market longer

    BANGKOK, 15th August 2018 (NNT) - The Bank of Thailand (BoT) has presented the findings of its research on the effects of an aging society on the Thai labor market. The research suggests that the elderly should be motivated to continue working in the system.

    The research finds that it has taken only 20 years for Thailand to become an aging society but it will take almost 100 years for developed countries to fully transition into aging societies. Moreover, Thailand's preparations have not yet standardized enough compared with countries such as Singapore and Japan. These countries have established centers to give advice to aging workers.

    Many Thai workers left the labor market when they were around 45 years old. Most of them are women.

    The research also suggests that the country's policy on an aging society should focus on lifelong skill development and better working flexibility due to senior citizens' limitations. Furthermore, attractive remuneration should be offered to them in order to motivate them to remain in the labor market.


    National News Bureau Of Thailand | Research suggests elderly remain in labor market longer

  2. #2
    R.I.P.

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    Most of he self employed keep working till they die.

  3. #3
    กงเกวียนกำเกวียน HuangLao's Avatar
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    Quote Originally Posted by birding View Post
    Most of he self employed keep working till they die.
    Yep...
    And this percentage isn't factored into such research and subsequent false surveys.

    Overwhelming secure with familial extensions.

  4. #4
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    Quote Originally Posted by birding View Post
    Most of he self employed keep working till they die.
    A great portion of state employees (many teachers) do not wait up to 60 but retiring early (they say "I early").

  5. #5
    Thailand Expat misskit's Avatar
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    Quote Originally Posted by misskit View Post
    Many Thai workers left the labor market when they were around 45 years old. Most of them are women.
    A lot of this may be women stopping work to care for their elders.

  6. #6
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    Quote Originally Posted by misskit View Post
    A lot of this may be women stopping work to care for their elders.
    Not that I have known such case...

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