The Bank of Thailand expects employment and job security to weaken in the near term. New investment is more capital-intensive: the labour-to-capital ratio fell to 0.2 workers per million baht in 2025 from 0.4-0.45 in 2021. Employers are increasingly using temporary and contract workers to cut salary and welfare costs, and hiring foreign workers where Thai skills are short. Unemployment is still low at 0.95% in Q2 2026, and employment grew 5.1% year on year. For a small business, this points to planning labour costs around flexible contract staff and to keeping skills gaps (language, education) in mind when recruiting.