Thailand ranked world’s ‘least miserable’ country again

Thailand is Cambodia's neighbor to the West, and this forum is dedicated to Thai news, stories, reviews, blogs, videos, Thai people and anything else related to the country. A lot of expats have both lived and worked in Cambodia and Thailand, and this area is a place to discuss all aspects of life in Thailand and what's going on there. Most topics are about Bangkok and Pattaya because of their larger populations of expatriates and tourists in those cities, but this is for all things Thai.
User avatar
phuketrichard
Expatriate
Posts: 9313
Joined: Wed May 14, 2014 5:17 pm
Reputation: 1735
Location: the far side of the moon
Aruba

Thailand ranked world’s ‘least miserable’ country again

Post by phuketrichard » Sat Apr 07, 2018 10:11 am

after living here for 1/2my life, i'd agree with this for the locals.

Image
NEW YORK: The Land of Smiles was named the least miserable country out of 66 economies ranked by the Bloomberg Misery Index, which assumes that low inflation and low unemployment translates into satisfaction among the populace, finishing in first place for the fourth straight year and just edging out its regional rivals.

Thailand has had persistently low unemployment for many years, the unemployment rate ranging between 0.4-1.2% since 2011. A remarkable result. Many workers who do lose their job in the formal sector are able to be gainfully employed in the informal sector of the economy, and still support themselves and their families. Street vendors and motorcycle taxi drivers belong to this latter category.

The Misery Index, computed by adding inflation to the unemployment rate, gives the Land of Smiles a score of 1.11 per cent, which is the best - or least miserable - for all 74 economies surveyed by Bloomberg.

To no one’s surprise, Venezuela came in first, for the fourth year in a row. Venezuela is expected to keep that position this year.
http://www.straitstimes.com/asia/se-asi ... sery-index
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: phuketrichard and 26 guests