Journal of Economics, Entrepreneurship, Management Business and Accounting
Vol 4 No 5 (2026): Volume 4, Issue 5, September 2026

Manufacturing Growth, Minimum Wages, Investment, and Gender Development as Determinants of Unemployment

Tri Yuli Lestari (Universitas Jenderal Soedirman, Indonesia)
Diah Setyorini Gunawan (Universitas Jenderal Soedirman, Indonesia)
Chairani Fadhila Pravitasari (Universitas Jenderal Soedirman, Indonesia)



Article Info

Publish Date
19 Aug 2026

Abstract

Purpose – This study examines the effects of manufacturing GRDP, minimum wages, domestic investment, and the Gender Development Index on the Open Unemployment Rate. Design/methodology/approach - This study employs a quantitative approach using panel data from eight districts and cities in Banten Province during 2017–2024. Secondary data were obtained from official statistical publications and analyzed using panel data regression. Findings/Results - The results show that manufacturing GRDP and the Gender Development Index have negative and significant effects on the Open Unemployment Rate, while minimum wages have a positive and significant effect. Domestic investment has no significant effect, suggesting that investment activities have not generated sufficient employment, particularly when concentrated in relatively capital-intensive sectors. Originality/Value - This study highlights the different roles of industrial growth, wage policy, investment, and gender development in explaining regional unemployment. The findings indicate that investment expansion alone is insufficient to reduce unemployment without stronger labor absorption. Policies should therefore encourage labor-intensive industrial development, balanced wage setting, and improved access to employment opportunities across gender groups.

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Journal Info

Abbrev

JEEMBA

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics, Entreprenurship, Management Business and Accounting (JEEMBA) mencakup bidang ekonomi dan keuangan, manajemen bisnis dan akuntansi khususnya bidang akuntansi, manajemen, pasar modal, hukum bisnis, perpajakan, sistem informasi, serta bidang ekonomi dan keuangan lainnya. JEEMBA ...