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The unemployment rate for workers with less than a high school diploma decreased from more than 14% in 2011 to 5.8% in 2011 to 2.1% On the other hand, it could be argued that higher education not only provides a broad set of skills but also trains students on knowledgebased on rigorous research. in December 2018.
If upstream partners fail, as in the case of Thai computer disk drive manufacturers (factories hit by flooding) or Japanese semi-conductor producers (the 2011 tsunami), supply chains running too lean may have no fallback solutions. If downstream demand changes, they may not have any other retail outlet options either.
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