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All Journal Jurnal Sosial Ekonomi Pertanian JEJAK Kumawula: Jurnal Pengabdian Kepada Masyarakat Madaniya Indonesian Journal of Devotion and Empowerment (IJDE) JDEP (Jurnal Dinamika Ekonomi Pembangunan) Journal of Economics and Management Scienties Journal of Ekonomics, Finance, and Management Studies
Grace Natalia Marpaung, Grace Natalia
Universitas Negeri Semarang
Religion Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences

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Determinant Factors of the Unemployment Rate in Banten Province Feny Robingatun Khasanah; Grace Natalia Marpaung
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 4 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i4.7587

Abstract

Every country strives to minimize the unemployment rate as much as possible. The Open Unemployment Rate in Banten Province, which has consistently been higher than the national average, has become a serious concern. This study aims to examine the influence of the labor force participation rate, economic growth, average years of schooling, and city minimum wage on the open unemployment rate in Banten Province during the 2017-2023 period. This research utilizes Eviews 12 software with a panel data approach, combining cross-sectional and time-series data over seven years, from 2017 to 2023. The method applied in this study is the Fixed Effect Model (FEM). The data analyzed in this study are secondary data obtained from the Central Statistics Agency (BPS) of Banten Province. The research findings indicate that the labor force participation rate, economic growth, and average years of schooling have a negative and significant effect on the open unemployment rate in eight districts/cities in Banten Province from 2017 to 2023. Conversely, the city minimum wage variable has a positive but insignificant effect. Additionally, the independent variables, namely the labor force participation rate, economic growth, average years of schooling, and city minimum wage, simultaneously have a significant effect on the dependent variable, which is the open unemployment rate in Banten Province during the 2017-2023 period, contributing 76.48% to the variation in the open unemployment rate in Banten Province.
Co-Authors Annis Nurfitriana Nihayah Anton Supriyadi Aprilia, Rizka Nanda Asrianti, Nurul Audina Soma Dwi Witari Ayuntavia Ayuntavia, Ayuntavia Deky Aji Suseno, Deky Aji Dwi Rahmayani Dwi Rahmayani, Dwi Etty Soesilowati Fafurida Fafurida Feny Robingatun Khasanah Hidayati, Widya Karisma, Dewi Kumala, Sepviana Nur Maharani, Essa Muhammad Nuurfauzi Nihayah, Annis Nurfitriana Nurjannah Rahayu Kristanti P. Eko Prasetyo Pangestu, Yustiko Arvan Gilang Phany Ineke Putri, Phany Ineke Prasetyo Ari Bowo, Prasetyo Ari Rahmadani Nur Permanawati Rizka Yuliani Wicaksana, Tania Yozi Aulia Rahman, Yozi Aulia