Jurnal Prajaiswara
Vol. 5 No. 3 (2024): Desember 2024

Analysis of The Influence of MSMEs and Open Unemployment on Economic Growth in Jambi Province

Mayesti, Indria (Unknown)
Said, Mukti (Unknown)
Halim, Abd (Unknown)
Pasla, Bambang Niko (Unknown)



Article Info

Publish Date
06 Jan 2025

Abstract

Introduction/Main Objectives: This study analyzes the influence of MSMEs and open unemployment on economic growth in Jambi Province. The objectives are to examine: (1) the development of MSMEs, open unemployment, and economic growth in Jambi Province, and (2) their influence on economic growth. Research Methods: A quantitative descriptive analysis method was used to assess the data. Finding/Results: Economic growth in Jambi Province has been relatively stable, averaging 4.25% annually, with GDP rising from 111,766.13 in 2013 to 169,268.80 in 2023. MSME business units also showed stable growth, averaging 14.69% per year, increasing from 81,552 in 2013 to 176,051 in 2023. Open unemployment rates were more volatile, averaging 2.70% annually, rising from 69,760 in 2013 to 85,576 in 2023. The t-test results indicate that MSMEs (X1) have a significant positive effect on economic growth, with a t-count value of 3.345 exceeding the t-table value of 1.812 and a significance of 0.010. Conversely, the open unemployment variable (X2) showed no significant effect, with a t-count of 1.480 below the t-table value and a significance of 0.177. Conclusion: MSMEs significantly contribute to economic growth in Jambi Province, while open unemployment does not exhibit a significant impact. This research underscores the importance of strengthening MSME development to drive sustainable economic growth in the region.

Copyrights © 2024






Journal Info

Abbrev

file2

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

The focus of Jurnal Prajaiswara provides scientific information resources aimed at widyaiswara, researchers, academics, research institutions, government agencies, stakeholders, and practitioners. The scope of the Prajaiswara Journal is to publish original research manuscripts, review articles, ...