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Analysis Of The Determinants Of Small And Medium Industry (SMI) Development On Labor Absorption In Medan City Husein, Rizky Muhammad; Sembiring, Rahmad; Nasution, Lia Nazliana
Journal of Management, Economic, and Accounting Vol. 5 No. 2 (2026): April
Publisher : Universitas Dehasen Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/jmea.v5i2.1584

Abstract

The purpose of this study is analyze the determinants of Small and Medium Industry (SMI) development on labor absorption in Medan City. The dependent variable in this study is labor, while the independent variables include economic growth, wages, investment, production, productivity, the open unemployment rate, and the Human Development Index (HDI). This study uses secondary data obtained from the official website of the Central Statistics Agency (BPS). The data analysis methods employed in this study are Confirmatory Factor Analysis (CFA) and multiple linear regression. The results indicate that economic growth, investment, and the Human Development Index (HDI) have a significant effect on labor absorption in Medan City.