Unemployment benefits during Covid-19
A lot of the workforce is left unemployed due to the pandemic. Thailand’s Social Security Office (SSO) Secretary-General Tosapol Kritawongwiman stated on 5th January 2020 that employees who have been furloughed due to Covid-19 can apply to the SSO for financial assistance. Applicants need to be ensured under the Social Security Act.
They can receive around 50% of their daily wage during closure, lockdown or quarantine, but only for 90 days each time.
Government initiative to help those unemployed
More than 6,000 businesses in 28 red zone provinces have gotten into closure and resulted in more than 100,000 unemployments or suspensions in the workforce.
The Social Security Office regulation came into effect on 19th December 2020, for insured employees to qualify for the Social Security benefits they must have contributed to the Social Security Fund for at least six months before they lost their job.
Be frugal in the midst of the pandemic
It’s important to keep in mind that being financially responsible is crucial right now. The pandemic is impacting the economy, and it’s going to take a while before it revives again.
The story is still developing, stay tuned for updates.
Featured images adapted from: Chiang Mai ONE