Determinants of Minimum Wage, Household Consumption Expenditure, and Open Unemployment Rate on Economic Growth in Bekasi City

Muhammad Falah Musyaffa (Universitas Pembangunan Nasional "Veteran" Jawa Timur)
Sishadiyati Sishadiyati (Universitas Pembangunan Nasional "Veteran" Jawa Timur)

Formosa Journal of Multidisciplinary Research (FJMR)
Vol. 4 No. 7 (2025): July 2025

This study aims to analyze the impact of minimum wage, household consumption expenditure, and the open unemployment rate on economic growth in Bekasi City from 2010 to 2023 using multiple linear regression and time series data from BPS. The results show that all variables jointly affect economic growth significantly. However, partially, only household consumption and minimum wage have a significant positive impact, while the unemployment rate has an insignificant negative effect. The model demonstrates a strong fit, with an R-squared value of 99.70%. These findings highlight the importance of promoting household consumption and implementing balanced wage policies. The study recommends focusing on job creation and enhancing purchasing power to support long-term and sustainable regional economic development.