Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal International Journal of Business and Quality Research
Muhammad Subardin
Department Of Economic Development, Sriwijaya University, Indonesia
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Effect of Inflation and Economic Growth on the Unemployment Rate in Indonesia for the 2016-2025 Period Muhammad Rizqulloh Akbar; Muhammad Jossy Naufa; Anna Yulianita; Muhammad Subardin; Siti Rohima
International Journal of Business and Quality Research Vol. 4 No. 04 (2026): October - December International Journal of Business and Quality Research (IJB
Publisher : Citakonsultindo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63922/ijbqr.v4i04.6778

Abstract

This study aims to analyse the effect of inflation and economic growth on the unemployment rate in Indonesia during the 2020–2024 period. The research employs a quantitative approach using multiple linear regression analysis to examine the partial and simultaneous effects of inflation and economic growth on unemployment. The results show that inflation has a positive but statistically insignificant effect on the unemployment rate, with a significance value of 0.274. Meanwhile, economic growth has a negative and significant effect on unemployment, indicated by a significance value of 0.004, suggesting that increased economic activity contributes to reducing unemployment. Simultaneously, inflation and economic growth significantly affect unemployment, with the model explaining 71.8% of the variation in unemployment. The findings support Okun’s Law but indicate that the classical Phillips Curve relationship is not fully supported during the research period, which was influenced by the COVID-19 pandemic and economic recovery process.
Co-Authors Anna Yulianita Muhammad Jossy Naufa Muhammad Rizqulloh Akbar Siti Rohima