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ConstructionWorkers

20 AUGUST 2013 - BANGKOK, THAILAND: Thai construction workers walk home after a day on the job in Bangkok. Thailand entered a “technical” recession this month after the economy shrank by 0.3% in the second quarter of the year. The 0.3% contraction in gross domestic product between April and June followed a previous fall of 1.7% during the first quarter of 2013. The contraction is being blamed on a drop in demand for exports, a drop in domestic demand and a loss of consumer confidence. At the same time, the value of the Thai Baht against the US Dollar has dropped significantly, from a high of about 28Baht to $1 in April to 32THB to 1USD in August. PHOTO BY JACK KURTZ

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ConstructionWorkersResendAlsoToZUMA003.jpg
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© Jack Kurtz
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4608x3456 / 9.7MB
082413 Bangkok Construction Economy Labor Project Recession Sidewalk Thailand Worker ZUMA
Contained in galleries
Thai Economy Slips into Recession, Thailand (All), The Lives of Thai Construction Workers
20 AUGUST 2013 - BANGKOK, THAILAND:  Thai construction workers walk home after a day on the job in Bangkok. Thailand entered a “technical” recession this month after the economy shrank by 0.3% in the second quarter of the year. The 0.3% contraction in gross domestic product between April and June followed a previous fall of 1.7% during the first quarter of 2013. The contraction is being blamed on a drop in demand for exports, a drop in domestic demand and a loss of consumer confidence. At the same time, the value of the Thai Baht against the US Dollar has dropped significantly, from a high of about 28Baht to $1 in April to 32THB to 1USD in August.    PHOTO BY JACK KURTZ
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Jack Kurtz, Photojournalist & Travel Photographer

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