Journal of Management, Economic, and Accounting
Vol. 5 No. 2 (2026): April

Analysis Of The Determinants Of Small And Medium Industry (SMI) Development On Labor Absorption In Medan City

Husein, Rizky Muhammad (Unknown)
Sembiring, Rahmad (Unknown)
Nasution, Lia Nazliana (Unknown)

Article Info

Publish Date
30 Apr 2025

Abstract

The purpose of this study is analyze the determinants of Small and Medium Industry (SMI) development on labor absorption in Medan City. The dependent variable in this study is labor, while the independent variables include economic growth, wages, investment, production, productivity, the open unemployment rate, and the Human Development Index (HDI). This study uses secondary data obtained from the official website of the Central Statistics Agency (BPS). The data analysis methods employed in this study are Confirmatory Factor Analysis (CFA) and multiple linear regression. The results indicate that economic growth, investment, and the Human Development Index (HDI) have a significant effect on labor absorption in Medan City.

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Journal Info
Journal of Management, Economic, and Accounting
Website

Abbrev

JMEA

Publisher

Universitas Dehasen Bengkulu

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Journal of Management, Economic, and Accounting is a peer-reviewed journal. JMEA invites academics and researchers who do original research in the fields of economics, management, and accounting, including but not limited to: Management Science Marketing Financial management Human Resource ...