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Economic (unemployment rate) - Coggle Diagram
Economic (unemployment rate)
Macroeconomics
How Economics grow
Investment
Funds
trade
stocks
Customer spending
Buying service like haircut,car washing,taxi
Buying a product like otop,Apple Inc , samsung
Unemployment rate
recessions, depressions, technological improvements, job outsourcing, and voluntarily leaving one job to find another.
Inflation
Prices of something rise because the production cause is higher than the average
Deflation
Alots of supply bit no money to spend
Export and Import
Import :country trade goods from other country. Ex Cars Food
Export :International trade good form one country to another country. Example Thai jasmine rice , oil
Microeconoics
Customers behavor
society,need,want ,trend,norm
supply and demand
Customer behavour
Products and services
Demand of a customer and want of a customers
Productions cost
expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.
Labors Market
firm Labour demand and home Labour supply
Wage is a price for labor and also the cost for business owner . The wage cost by economic situation and Thai stock market.
Employment
Why get job
Good education
Good aspects
charestristics
Why don't get job
Bad education or none educate
poor
born with poorness
Average income
approx 15,400 per month
approx 350 per day
what factor make unemployment rate changes over time
economic development
demographic changes
educational attainment
gender
wage
inflation
government policies
Rate
1.1 percent
low?
Alots of poor worker did not register they self as a unemployment because they afraid to pay taxes
High?
High demand for low sjill work
Unemployment problem and insufficient employment in
Thailand
. Lack of job opportunities for both the unemployed and the underemployed.
Income that not enough for each individuals base on their spectrum
Unutilized and underutilized
causes
Economics Growth
Labor force participitaion
Technologival cahnges
Globalization
Government policies