Journal of Mathematics Technology and Education
Vol. 2 No. 2 (2023): Journal of Mathematics Technology and Education

Analysis of the Effect of District / City Minimum Wage and Labor Force Participation Rate on the Open Unemployment Rate of North Sumatra Province in 2021-2022

Erwin (Unknown)
Hasibuan, Citra Dewi (Unknown)
Marpaung, Rony Genevent (Unknown)
Marpaung, J.L. (Unknown)

Article Info

Publish Date
20 Mar 2023

Abstract

Open unemployment is still a major economic problem in North Sumatra Province. This study aims to analyze the effect of Regency / City Minimum Wage, Labor Force Participation Rate, and Gross Regional Domestic Product on the Open Unemployment Rate in North Sumatra Province in 2021-2022. The type of data used is secondary data obtained from the North Sumatra Province Statistics Agency. The results showed that there was a simultaneous significant influence between the three independent variables, namely district / city minimum wage, labor force participation rate, and gross regional domestic product on the dependent variable, namely the open unemployment rate ???? = 0.164????1 − 0.694????2 − 0.032???? + 0.424. The simultaneous effect is 57.6% and the remaining 42.4% is explained by other variables not included in the study.

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Journal Info
Journal of Mathematics Technology and Education
Website

Abbrev

jomte

Publisher

TALENTA PUBLISHER

Subject

Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Energy Environmental Science Industrial & Manufacturing Engineering Mathematics Mechanical Engineering Physics Social Sciences Transportation

Description

ournal of Mathematics Technology and Education (JoMTE) is a peer-reviewed four times a year journal (March, June, September, and December) published by TALENTA Publisher and organized by Department of Mathematics, Faculty of Mathematics and Natural Sciences, Universitas Sumatera Utara (USU) as an ...