International Journal of Social Science, Education, Communication and Economics
Vol. 2 No. 3 (2023): August

Analysis of Influence Factors Labor Supply Class Elderly at Medan City

Widya Kartika (Master of Economics, Faculty of Economics and Business, University of Northern Sumatra, Indonesia)
Ahmad Albar (Master of Economics, Faculty of Economics and Business, University of Northern Sumatra, Indonesia)
Irsad Lubis (Master of Economics, Faculty of Economics and Business, University of Northern Sumatra, Indonesia)



Article Info

Publish Date
15 Jul 2023

Abstract

This research is to analyze the factors that influence the supply of elderly workers in the city of Medan. Latent variables are divided into two, namely endogenous and exogenous latent variables. This study aims to determine the effect of exogenous latent variables on endogenous latent variables. This study aims to determine the effect of the supply of elderly workers in the city of Medan, such as education, health, income, dependents and employment status. The type of data in this study is primary data obtained directly in the field, namely elderly workers (60 years and over) who are still working in the city of Medan, totaling 271 people. In this study the method used is PLS-SEM with SmartPLS software. Testing in PLS-SEM includes: 1) Testing the outer model (measurement model). 2) Testing the inner model (structural model). The results of the study show that all variable indicators are significant. In the subsequent analysis, this study used significant indicators and showed that all variables had an effect on the supply of the elderly in Medan City. The results of bootstrap estimation for hypothesis testing also conclude that the variables of education, health, income, dependents, employment status have a positive effect on the supply of labor for the elderly in Medan City.

Copyrights © 2023






Journal Info

Abbrev

SJ

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

Description

International Journal of Social Science, Education, Communication and Economics (SINOMICS Journal) | E-ISSN: 2829-7350 publishes articles or scientific studies related to social science, education, communication, and economics. publishes articles or scientific studies related to social science, ...