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An Examination of the Impact of Poverty, Unemployment, and the Human Development Index on Economic Growth in Central Java M. Arief Safii; Syamsul Huda
Formosa Journal of Multidisciplinary Research Vol. 4 No. 5 (2025): May 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjmr.v4i5.171

Abstract

Economic development is crucial for improving community welfare. Instability can trigger inflation, weaken purchasing power, and increase poverty and unemployment, all of which harm economic growth. This study examines the impact of poverty, open unemployment, and the Human Development Index (HDI) on economic growth in Central Java from 2009 to 2023. Using a quantitative method with multiple linear regression on BPS time series data, the findings show poverty and unemployment negatively and significantly affect growth, while HDI has a positive and significant influence. The study concludes that reducing poverty and unemployment and improving HDI are essential. Therefore, local governments must invest in education and health and implement job-creating policies to support sustainable economic growth.