Australi Similarities And Differences Between Australia And Thailand
Introduction
Employment refers to an occupation by which a person earns a living (Dictionary.com). Unemployment, however, refers to people without work who are actively seeking work and are currently available for work (ABS). In 2017, Australia’s unemployment rate was 5.6% (CIA) while in Thailand, it was significantly lower at 0.7% (CIA). Thailand and Australia share many similarities and differences relating to employment and unemployment, including employment structure and employment and unemployment trends.
Employment structure
Employment structure refers to the division of a country’s labour force into primary, secondary and tertiary sectors (BBC). Australia has approximately 12.5 million people in its labour force (Junior Worldmark Encyclopedia), with 21.1% in industry, 3.6% in agriculture and 75.3% in the services sector (CIA). With a significantly larger labour force of 38.37 million in Thailand (CIA), approximately 34% works in agriculture, 22% in industry and 43% in the services sector (World Bank). Thus, Australia and Thailand’s employment structures share similarities and differences. …show more content…
Consequently, the number of employees in the agriculture sector is decreasing, with a 6% decrease in agriculture employment since 2013 (Country Reports- Thailand). A government subsidy encouraging rice farming influenced many people to work in agriculture, and its closure also caused an immediate impact on employment distribution, which shifted into other sectors (Country Reports- Thailand). As a result, this has provided other areas of the economy an inflow of
Employment refers to an occupation by which a person earns a living (Dictionary.com). Unemployment, however, refers to people without work who are actively seeking work and are currently available for work (ABS). In 2017, Australia’s unemployment rate was 5.6% (CIA) while in Thailand, it was significantly lower at 0.7% (CIA). Thailand and Australia share many similarities and differences relating to employment and unemployment, including employment structure and employment and unemployment trends.
Employment structure
Employment structure refers to the division of a country’s labour force into primary, secondary and tertiary sectors (BBC). Australia has approximately 12.5 million people in its labour force (Junior Worldmark Encyclopedia), with 21.1% in industry, 3.6% in agriculture and 75.3% in the services sector (CIA). With a significantly larger labour force of 38.37 million in Thailand (CIA), approximately 34% works in agriculture, 22% in industry and 43% in the services sector (World Bank). Thus, Australia and Thailand’s employment structures share similarities and differences. …show more content…
Consequently, the number of employees in the agriculture sector is decreasing, with a 6% decrease in agriculture employment since 2013 (Country Reports- Thailand). A government subsidy encouraging rice farming influenced many people to work in agriculture, and its closure also caused an immediate impact on employment distribution, which shifted into other sectors (Country Reports- Thailand). As a result, this has provided other areas of the economy an inflow of