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All Journal Indonesian Journal of Innovation Multidisipliner Research Cognitionis Civitatis et Politicae
Nico Pranata Mulya
STABN SRIWIJAYA TANGERANG
Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

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Navigating the Tides of Change: Analyzing Indonesia's Employment and Unemployment Dynamics from 2011 to 2023 Nico Pranata Mulya
Indonesian Journal of Innovation Multidisipliner Research Vol. 2 No. 3 (2024): Juli - September
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v2i3.189

Abstract

Indonesia's labor market has experienced significant shifts and challenges between 2011 and 2023, with the country navigating through global economic crises, technological advancements, and the unprecedented COVID-19 pandemic. This study aims to conduct a comprehensive analysis of the employment and unemployment dynamics in Indonesia during this period, utilizing data from BPS statistical records. The research employs descriptive statistical analysis, time trend analysis, correlation analysis, and comparative analysis to examine the main trends in the workforce, identify key factors influencing labor dynamics, and assess the impact of various economic and social factors on the unemployment rate and working population. The findings reveal that Indonesia's employment rate has shown an overall upward trend, despite fluctuations, while the unemployment rate has generally declined, with the exception of the sharp increase during the COVID-19 pandemic. The study highlights the importance of economic growth, institutional policies, structural transformation, and educational attainment in shaping Indonesia's labor market. The results contribute to a deeper understanding of the complex employment dynamics in Indonesia and provide valuable insights for policymakers in developing agile and responsive strategies to foster inclusive growth, create better jobs, and enhance labor market resilience. The study concludes that comprehensive and adaptable policies are crucial in addressing the evolving challenges and opportunities in Indonesia's labor market, ensuring a sustainable and inclusive
Navigating the Tides of Change: A Comprehensive Analysis of Employment and Unemployment Dynamics in Indonesia Nico Pranata Mulya
Cognitionis Civitatis et Politicae Vol. 1 No. 3 (2024)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/politicae.v1i3.1166

Abstract

An essential component of a nation's economic development is labor dynamics. The purpose of this study is to perform a descriptive analysis of Indonesia's unemployment and working population comparison between 2011 and 2020. The information utilized comes from BPS statistical records and includes the number of employed and unemployed individuals as well as auxiliary variables like employment opportunities, wage rates, economic growth, and educational attainment. The primary trends in the workplace over the last ten years are examined in this study using a descriptive analysis methodology. The impact of multiple factors, such as the global economic crisis, technological advancements, and the unprecedented pandemic, was examined by analyzing notable shifts in the unemployment rate and working population. Key determinants of employment dynamics include things like economic growth, institutional policies, structural transformation, and educational attainment. This research contributes significantly to our understanding of the intricate dynamics of employment in Indonesia and sheds light on policy implications for inclusive growth, better jobs, and labor market resilience. It is anticipated that the implications of this study will provide a basis for the development of policies that are more flexible and sensitive to upcoming difficulties, resulting in the establishment of an employment environment that is both inclusive and sustainable.
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