AEC Implication: Effect towards Thailand's unemployment rate

Abstract: Since ten members of ASEAN are moving towards ASEAN Economic Community (AEC) in 2015 which ten member countries are integrating competitively into regional and global markets as well as continuing to build a people-oriented AEC. From this integration the unemployment rate will be affected through the mechanism of the export and GDP. With economics and econometrics models used, this paper will discuss and prove that the implication of AEC will lead to the decrease in unemployment rate.