# Jobless up, but baht strongest in 2 years

> Thailand's unemployment rate rose to 1.2% in the first quarter from 0.97% in the fourth quarter, with 460,000 people out of work. The baht reached its strongest level in almost two years against the dollar, at 34.04 per US dollar.

- Date: 2017-05-26 · published 2017-05-26T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/71253-jobless-up-but-baht-strongest-in-2-years
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weak farm-sector employment and a firm baht are background conditions for Thai agricultural output and export earnings, with little direct effect on feed commodity prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30316431

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.