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All Journal Formosa Journal of Multidisciplinary Research (FJMR)
Melinda Agustina Arum Pratiwi
Universitas Pembangunan Nasional “Veteran” Jawa Timur
Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Education Social Sciences

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Analysis of Factors Affecting the Open Unemployment Rate Melinda Agustina Arum Pratiwi; Riko Setya Wijaya; Putra Perdana
Formosa Journal of Multidisciplinary Research Vol. 4 No. 7 (2025): July 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjmr.v4i7.309

Abstract

This study aims to analyze the influence of the variables of education level, minimum wage, poverty level, foreign investment, and domestic investment on the open unemployment rate in Banten Province. The method used is descriptive quantitative with multiple linear regression analysis. This study uses secondary data for the period 2010 to 2024 and is sourced through the official website of the Central Bureau of Statistics of Banten Province. The results of data analysis show that the education level variable has a significant negative effect on the open unemployment rate and the poverty level variable has a significant positive effect on the open unemployment rate. Meanwhile, the variables of minimum wage, foreign investment, and domestic investment have no significant effect on the open unemployment rate in Banten Province. The results of this study can be a consideration for local governments in contributing to formulating more effective and sustainable employment and economic development policies in Banten Province.
Co-Authors Putra Perdana Riko Setya Wijaya