Also worth mentioning is that in 2009, despite the global financial crisis, our unemployment rate stayed at a robust 3.0%. Why Thailand’s unemployment rate is ridiculously low February 5, 2015 Low unemployment (below 1% since 2011) due to low birth rate, lack of social insurance & informal sector with 64% of workforce (street vendors, motorbike taxis, self-employed). Why is Singapore’s non-seasonally adjusted unemployment rate typically higher in June compared to other periods of the year? ... Why Singapore's youth unemployment rate is so low. Unemployment rate for residents That’s Thailand’s official unemployment rate as of the end of 2014. Mariko Oi explores why youth unemployment in Singapore is so much lower compared with the US and Europe. For instance, Myanmar had only 0.8% unemployment in 2019, but … CNBC Reports Singapore was recently ranked second on the Economist Intelligence Unit's Safe Cities Index for 2017, coming in just behind Tokyo. At 0.05%, Singapore's death rate is well below the global average of around 3%, according to data compiled by Reuters from countries that have recorded more than 1,000 cases. : +66 2288 1234, Fax. This recurring seasonal variation happens every year. And looking further forward, Singapore has been able to maintain the average unemployment rate at about 1.9% for the first two quarters of 2015. Contact ILO Regional Office for Asia and the Pacific United Nations Building, Rajdamnern Nok Avenue Bangkok 10200, Thailand Tel. +66 2288 3062 Why is Singapore's crime rate so low? 5 factors push Thailand’s unemployment rate ridiculously low ‘In formal’ labour, birth rate, lack of insurance all figure into the 0.56% rate 3/02/2015 Bloomberg News agency. Even in the first quarter, the virus reversed a Japanese unemployment rate that had dropped to a low of 2.2% in November and December, amid an acute labor shortage. 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