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Economy

Thai Q3 unemployment at 16-year high as COVID squeezes economy

Jobless rate jumped to 2.25% in the quarter, meaning 870,000 workers without work

The Grand Palace in Bangkok on Nov. 2. Thailand earlier this month reopened to vaccinated foreign visitors without quarantine requirements, in a bid to restart its important tourism sector.   © Reuters

BANGKOK (Reuters) -- Thailand's unemployment rate hit a more than 16-year high in the third quarter, as tougher coronavirus restrictions hit economic activity and jobs, the state planning agency said on Monday.

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