Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

THE IMPACT OF REGIONAL MINIMUM WAGE, ECONOMIC GROWTH, MEANS YEARS OF SCHOOL, AND COVID-19 PANDEMIC ON BANTEN’S OPEN UNEMPLOYMENT RATE 2017-2022

Arisudana Yoga Pramana (Department of Economics, Faculty of Economics and Business, Universitas Airlangga, Indonesia)
Rumayya Rumayya (Department of Economics, Faculty of Economics and Business, Universitas Airlangga, Indonesia)



Article Info

Publish Date
01 Nov 2023

Abstract

Unemployment in Banten Province become a crucial issue because the needs to fullfill Sustainable Development Goals (SDGs) to alleviate the unemployment and the high rate of Banten’s unemployment. The purpose of this study was to determine the significancy of regional minimum wage, economic growth, years of schools, and COVID-19 impacts to open unemployment rate in Banten 2017-2022. This research wiil be analyzed using panel data regression method. The data in this study are secondary data. Hypothesis testing that will be conducted is the linearity test or R-squared, simultaeous significancy test, and partial significancy test. The significance variables that affect the open unemployment rate in Banten are economic growth, means years of school, and COVID-19. We suggest that governement must have government fund aid, remote working, and remote schooling to decrease the impact of future pandemic-like crisis.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSN 2301-6280, e. ISSN 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...