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Journal : Jurnal Ekonomi Pembangunan

Analisis Peningkatan Upah Minimum Terhadap Penyerapan Tenaga Kerja di Provinsi Jawa Tengah Annisa Yulianti; Hadi Sasana
Jurnal Ekonomi Pembangunan Vol 10 No 3 (2021): Volume 10 Nomor 3 Tahun 2021
Publisher : Fakultas Ekonomi dan Bisnis Universitas Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23960/jep.v10i3.291

Abstract

This study aims to analyze the short-term and long-term relationship of increasing the minimum wage in Central Java on employment. The research method used is ECM. The variables of this study include labor, minimum wages, PMDN, and economic growth. The data used are time-series data from 1990-2020. The results show that the minimum wage has a positive and significant relationship to the employment in the long term but not significantly in the short time. PMDN has a negative but significant correlation in the short and long term. At the same time, the variable economic growth has a positive but not meaningful relationship to employment absorption in the long and short term.