East Asian Journal of Multidisciplinary Research (EAJMR)
Vol. 3 No. 1 (2024): January 2024

Analysis of the Effect of Economic Growth, Education Level on Open Unemployment Rates in Sumatera

Kurniawan, Rizky Dwi (Unknown)
Sunoto, Sunoto (Unknown)



Article Info

Publish Date
10 Feb 2024

Abstract

This research aims to determine the effect of economic growth and education level on the level of open unemployment in Sumatra. The data used is secondary data, the analysis method used is panel data regression and the model used is random effect. The results obtained are that the Education Level variable has a negative and significant effect on the unemployment rate in Sumatra while Economic Growth has a negative and significant effect on inflation in Sumatra. Based on the results of the analysis, it can be concluded that the Unemployment Rate responds to changes in each variable: Educational Level and Economic Growth.

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Journal Info

Abbrev

eajmr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering

Description

East Asian Journal of Multidisciplinary Research (EAJMR) is a scientific multidisciplinary research journal published by Yayasan Pendidikan Penelitian Pengabdian Algero. The aim of this journal publication is to disseminate the research results, conceptual thoughts, improved research methodologies ...