Balance: Jurnal Ekonomi
Vol. 20 No. 2 (2024): Desember 2024

The Effect of Labor Movement or Migration on the Indonesian Economy

Manurung, Mahlina Putri (Unknown)
Hutabalian, Relli Anisma (Unknown)
Matondang, Khairani (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

This article examines the impact of migration and labor movement on the Indonesian economy, highlighting key areas such as economic growth, employment, consumer spending, and remittances from migrant workers. Labor migration has been a significant aspect of Indonesia’s economic structure, affecting both the domestic labor market and the broader economic landscape. The article explores how the outflow of Indonesian workers abroad influences employment dynamics, with some sectors benefiting from reduced domestic competition, while others experience labor shortages. Additionally, remittances from migrant workers play a crucial role in boosting household income, contributing to consumer spending, and stimulating local economies in various regions. The study also delves into the Indonesian government's policies and initiatives aimed at managing labor migration, including the protection of migrant workers' rights, improving workforce skills, and addressing challenges related to illegal migration. By analyzing the multifaceted impacts of labor migration, this article provides a comprehensive understanding of its role in shaping Indonesia's economic development. The findings suggest that while labor migration offers significant benefits through remittances and economic growth, challenges such as labor exploitation and brain drain require effective policy responses to maximize the positive impacts on the national economy.

Copyrights © 2024






Journal Info

Abbrev

jeb

Publisher

Subject

Economics, Econometrics & Finance

Description

Balance: Jurnal Ekonomi has p-ISSN 1858-2192 and e-ISSN 2686-5467 published by the Development Economics Study Program of the Faculty of Economics and Business, Muhammadiyah University of Makassar, this journal publishes research articles in the field of Economics. This journal publishes research ...