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LABOR ABSORPTION FACTORS OF MICRO, SMALL, AND MEDIUM ENTERPRISES (SMES) IN SUMATRA ISLAND: PANEL DATA ANALYSIS FOR THE 2020–2024 PERIOD Inda Arfa Syera; Hajar Affiah; Faulia Anggeraini; Dewi Hakiki
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 5 No. 1 (2026): July
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.21636780

Abstract

The purpose of this study is to analyze the influence of the number of Micro and Small Industries (MSMEs), the value of MSME output , and GRDP on the absorption of MSME labor in 10 (ten) provinces on Sumatra Island for the period 2020–2024. This study uses panel data with a Fixed Effect Model (FEM) approach. The results of the study revealed that the number of MSME businesses significantly influences the absorption of MSME labor (β = 1.914200 ; p < 0.05), while the value of MSME output (β = 0.001026 ; p > 0.05) and GRDP (β = 0.103498 ; p > 0.05) do not significantly affect the absorption of MSME labor. The model explains 99.2364% of the variation in MSME labor absorption (Adjusted R² = 0.992364 ). The findings of this study are that the expansion of employment opportunities is more determined by the growth in the number of business units than by the increase in output or the size of the regional economy. The government should prioritize policies that encourage the formation of new MSME business units and provide training and access to capital to increase business capacity without reducing employment.
PENGARUH INDEKS PEMBANGUNAN MANUSIA DAN LAJU PERTUMBUHAN EKONOMI TERHADAP TINGKAT PENGANGGURAN TERBUKA DI KOTA MEDAN TAHUN 2003-2024 Adetia Azmi Tanjung; Hajar Affiah; Inda Arfa Syera
JOURNAL OF SCIENCE AND SOCIAL RESEARCH Vol. 8 No. 3 (2025): August 2025
Publisher : Smart Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54314/jssr.v8i3.4098

Abstract

Abstract: The purpose of this study is to determine the effect of the Human Development Index and the Economic Growth Rate on the Open Unemployment Rate in Medan City from 2003 to 2024. The data used in this study is time series data for the period 2003-2024 sourced from the Central Statistics Agency (BPS) of Medan City. This study uses multiple linear analysis with the Ordinary Least Square (OLS) model processed with the eviews data processing tool. The results of the t-test research on eviews data processing, the probability of the Human Development Index is 0.0000. Where 0.0000 <0.05 so it is concluded that the Human Development Index has a significant effect on the Open Unemployment Rate. Then the variable Economic Growth Rate obtained a probability value of 0.0825. Where 0.0825> 0.05 so it can be concluded that the Economic Growth Rate does not have a partial effect on the Open Unemployment Rate. Then finally the f test was carried out. Where the probability value of the f statistic was 0.000001. This means that the Human Development Index and Economic Growth Rate have a simultaneous effect on the Open Unemployment Rate in Medan City. Keywords: Human Development Index, Economic Growth Rate, Open Unemployment Rate Abstrak: Tujuan penelitian ini untuk mengetahui pengaruh Indeks Pembangunan Manusia dan Laju Pertumbuhan Ekonomi terhadap Tingkat Pengangguran Terbuka di Kota Medan tahun 2003 sampai dengan tahun 2024. Data yang digunakan dalam penelitian ini adalah data time series dalam kurun waktu 2003-2024 yang bersumber dari Badan Pusat Statistik (BPS) Kota Medan. Penelitian ini menggunakan analisis linear berganda dengan model Ordinary Least Square (OLS) yang diolah dengan alat bantu olah data eviews. Hasil penelitian uji t pada olah data eviews, probabilitas Indeks Pembangunan Manusia sebesar 0.0000. Dimana 0.0000 < 0,05 sehingga disimpulkan Indeks Pembangunan Manusia berpengaruh signifikan terhadap Tingkat Pengangguran Terbuka. Kemudian variabel Laju Pertumbuhan Ekonomi diperoleh nilai probabilitas 0.0825. Dimana 0.0825 > 0.05 sehingga dapat disimpulkan bahwa Laju Pertumbuhan Ekonomi tidak berpengaruh secara parsial terhadap Tingkat Pengangguran Terbuka. Kemudian terakhir dilakukan uji f. Dimana nilai prob f statistiknya 0.000001. Artinya Indeks Pembangunan Manusia dan Laju Pertumbuhan Ekonomi berpengaruh secara simultan terhadap Tingkat Pengangguran Terbuka di Kota Medan.  Kata kunci: Indeks Pembangunan Manusia, Laju Pertumbuhan Ekonomi, Tingkat Pengangguran Terbuka