Al-Kharaj: Journal of Islamic Economic and Business
Vol. 8 No. 2 (2026): All articles in this issue include authors from 3 countries of origin (Indonesi

Analysis of the Effect of Economic Growth, Average Years of Schooling, and Regional Minimum Wage on the Open Unemployment Rate in Tuban Regency

Sinta Ayu Vironika (Universitas Pembangunan Nasional Veteran Jawa Timur)
Marseto Marseto (Universitas Pembangunan Nasional Veteran Jawa Timur)



Article Info

Publish Date
08 Jun 2026

Abstract

This study aims to analyze the effect of economic growth, average years of schooling, and regional minimum wages on the open unemployment rate in Tuban Regency during 2004–2024. The study employs a quantitative approach using multiple linear regression analysis. The data used are secondary data obtained from the Central Bureau of Statistics (BPS) of Tuban Regency and East Java Province. The dependent variable in this study is the open unemployment rate, while the independent variables consist of economic growth, average years of schooling, and regional minimum wages. The results show that economic growth has a negative effect on the open unemployment rate, indicating that higher economic growth can increase labor absorption. Average years of schooling also affect the open unemployment rate because higher educational attainment improves the quality of human resources and employment opportunities for the community. Meanwhile, regional minimum wages influence the open unemployment rate since wage increases may affect companies’ decisions in hiring labor. Simultaneously, all independent variables have a significant effect on the open unemployment rate in Tuban Regency.

Copyrights © 2026






Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Kharaj, Journal of Islamic Economic and Business is peer-reviewed journal published by program studi ekonomi syariah , Institut Agama Islam Negeri (IAIN) Palopo. Al-Kharaj focus on the research of Islamic Economic and Business. The aims of this journal is to explore and develop economic related ...