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Building Thailand’s Beveridge Curve: New Insights of Thailand’s Labour Markets with Internet Job Platforms

Nuarpear Lekfuangfu and Nuttapol Lertmethaphat

No 232, PIER Discussion Papers from Puey Ungphakorn Institute for Economic Research

Abstract: The Beveridge curve, which reflects the relation between unemployment and job vacancies is an important policy-relevant tool for better insights into labour markets. The absence of consistent and reliable data in Thailand, particularly on job postings is a substantial downside. This paper presents a showcase of how the Beveridge curve can be constructed for Thailand by exploiting two, related data sources: (i) the administrative data from the government-run job centre services and (ii) user-generated data from online job portals. We propose a procedure on how vacancy and jobseeker rates can be computed from each database, which may have non-representative coverage of users/stakeholders in the labour market. In effect, we also discuss the extent of the population representation of each database and confirms that each data reflects different segments of Thailand’s labour market. Finally, we demonstrate how the Beveridge curve can be plotted as well as re-introduce the measurement of labour market tightness for Thai’s labour market.

Keywords: Labour market; Beveridge curve; Labour Market Tightness; Vacancies; Jobseeker; Online job platform; Thailand (search for similar items in EconPapers)
JEL-codes: E24 J2 J3 N35 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2025-05
New Economics Papers: this item is included in nep-lma and nep-sea
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