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Journal : Riwayat: Educational Journal of History and Humanities

Factor Analysis of Minimum Wage and Labor Force Participation Rate on Unemployment Rate in Indonesia Erna Apriani; Dian Rachmawati Afandi; Indra Permana; Fachrial Banyu Asmoro; Akfika Rizky Sabilla
Riwayat: Educational Journal of History and Humanities Vol 8, No 2 (2025): April, Culture and Identity
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jr.v8i2.45311

Abstract

The increasingly massive unemployment rate is a very bad condition for the domestic economy; the role of the government is very important in minimizing unemployment. This condition is a very heavy burden for the community and the government; if it continues, it will continue to impact the decline in people's purchasing power. From this background, the purpose of this research is to analyze directly the minimum wage variable and the level of labor force participation in the unemployment rate, as well as the direct effect of the minimum wage on labor force participation, then the indirect effect of the minimum wage on the unemployment rate through the mediation of the level of labor force participation. The data analysis method used in the research is path analysis on the minimum wage variable, unemployment rate, and labor force participation rate as intervening variables. The results showed that the direct relationship between minimum wage and labor force participation rate had no effect. The direct relationship between minimum wage and unemployment rate had no effect. The direct relationship between the labor force participation rate and the unemployment rate had a positive effect. The indirect relationship between minimum wage and unemployment rate by the mediation dimension of labor force participation rate did not mediate the two.
Financial Management Behavior: Case Study of Gen Z and Millennial Gen Bekasi Regency Abdul Latif; Erna Apriani; Dian Rachmawati Afandi; Akfika Rizky Sabilla
Riwayat: Educational Journal of History and Humanities Vol 8, No 1 (2025): Januari, Special Issue on "Educational design research for human beings learning
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jr.v8i1.44095

Abstract

The role of Gen Z and Gen Millennials is vital as social capital, the financial behavior of Gen Z and Gen Millennials is an important capital in the future journey of the Indonesian economy, and the financial management behavior of Gen Z and Gen Millennials will have an impact on the level of education and finance, from this urgency the financial management behavior of Gen Z and Gen Millennials needs to be studied as an urgency in this study. The research objectives are formulated using specific objectives by analyzing the role of financial knowledge, personality traits, and education level in the financial management behavior of Gen Z and Gen Millennials. The data analysis method in this research is a quantitative approach. The analysis method uses Structural Equation Modeling (SEM) with SmartPLS software. The study samples were Gen Z and Gen Millennials in Bekasi Regency. The research sampling technique used purpose sampling with online and direct questionnaire techniques and interviews. The sample determined by the purpose sampling technique was 100 respondent samples. The results showed that the financial knowledge variable has no effect on financial management behavior, the personality traits variable has a significant effect on financial management behavior, and the level of education variable significantly affects the financial management behavior of Gen Z and Gen millennials in Bekasi Regency.