Journal of Management
Vol. 2 No. 1 (2023): January - June

Unemployment In Indonesia Due To Rising Inflation

Amin, Musdar M (Unknown)
Meini Rotinsulu, Clara Neltje (Unknown)



Article Info

Publish Date
16 Apr 2023

Abstract

In Indonesia, inflation has climbed by 3.53% in the last year, bringing the country's inflation rate to 5.81% in October 2023. In Indonesia, the unemployment rate is 5.98%, with the number of jobless expected to reach 9.56 million by August 2023. Wage inflation, which occurs when there is a high demand for labour and wages are not offered rapidly enough, can have an influence on unemployment. Workers, on the other hand, will not accept low salaries if labour demand is low and unemployment is high. In Indonesia, inflationary pressures such as wage inflation and others can have an influence on unemployment.

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Journal Info

Abbrev

JOM

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Management (JOM) is committed to publishing scholarly empirical and theoretical research articles, that have a high impact on the management field as a whole. The Journal published by Yayasan Pendidikan Belajar Berdikari. The journal encourages new ideas or new perspectives on existing ...