Outline Journal of Management and Accounting
Vol. 5 No. 1 (2026): January-June

The Effect of Unemployment Rate and Human Development Index (HDI) on Economic Growth in North Sumatra Province 2009-2024

Dhea, Titian (Unknown)
Suharianto, Joko (Unknown)



Article Info

Publish Date
10 May 2026

Abstract

This study aims to analyze the effect of the unemployment rate and the Human Development Index (HDI) on economic growth in North Sumatra Province during the period 2009–2024. This research employs a quantitative approach using time series data and multiple linear regression analysis. Economic growth is used as the dependent variable, while the unemployment rate and HDI serve as independent variables. The data were obtained from the Central Bureau of Statistics (BPS) and analyzed using EViews 11. The results indicate that the unemployment rate has a negative and significant effect on economic growth, while HDI has a positive and significant effect. Simultaneously, both variables also have a significant effect on economic growth. The model is able to explain a substantial proportion of the variation in economic growth, while the remaining variation is influenced by other factors outside the model. These findings highlight the importance of integrated policies in job creation and human development to promote sustainable economic growth.

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Journal Info

Abbrev

OJMA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

This Outline Journal of Management and Accounting (OJMA) accepts articles on the results of studies in the fields of marketing management, financial management, human resource management, and accounting. OJMA invites manuscripts in the areas of: Human Resource Management Financial management ...