Thailand approves employment plans for new graduates

Thailand approves employment plans for new graduates

BANGKOK: Thailand’s cabinet has approved plans to create 260,000 jobs for new graduates in one of the latest measures to cushion the COVID-19 economic impact.

Prime Minister General Prayuth Chan o-cha on Tuesday said one of the plans will involve the hiring of new graduates from universities and vocational schools by the private sector for a year.

It is part of the plans to create one million jobs, he added.

“There will be a job expo,” he said at a press conference after chairing the cabinet meeting here, today. However, the premier did not elaborate further.

Meanwhile, Bangkok Post reported that the government will pay 50 per cent of salaries of new graduates for a year, starting next month.

It added that the salaries are set at 15,000 baht (RM1,982) for university graduates, 11,500 baht (RM1,519) for graduates with advanced vocational certificates, and 9,400 baht (RM1,242) for graduates with standard vocational certificates.

“It will cost about 23.5 billion baht (RM 3.05 billion),” the report said.

Last week, the government announced a stimulus plan of 68.5 billion baht (RM 9.05 billion) comprising 45 billion baht (RM 5.95 billion) for cash handouts and 23.5 billion baht (RM 3.10 billion) for creating jobs to support the economy hit hard by COVID-19 pandemic.

However, Prayuth said the cabinet has not discussed on cash handouts.