OL 125: Personal Development Plan – PEST Analysis (Milestone Three) Student Name: Kayla ToddDate: August 23, 2015
Political
1.Increases or decreases in state taxes.
2.How stable the new lawmakers arein 2016.
3.Changes in the laws.
Changes in laws and stable lawmakers could benefit employers.Higher taxes would cause companies to leave the state they are currently in to find a more “tax friendly” alternative.
Economic
1.Unemployment Rates.
2.Outsourcing US jobs to other countries.
3.Credit availability, credit is very easy to establish in the US.
Researching unemployment rates and discovering what has causethe rate to raise or decline.Outsourcing jobs from the US would cause a loss of jobs available to US citizenswhich would raise the unemployment rates.
Socio-Cultural
1.Population growth rates.
2.Job market trends.
3.New generation’s attitudes towards work.
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