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Analysis of the Influence of Minimum Wage, Population, and Level of Education on the Unemployment Rate in Central Java

Year: 2025

Type: conference-paper

Abstract: This proposal investigates the influence of regional economic growth, regional minimum wages, number of populations, and expected years of schooling on the unemployment rates across ten regencies in Central Java from 2018 to 2023. The study aims to identify how these factors collectively impact employment levels, with a focus on understanding the dynamics of unemployment in the regional context. Utilizing secondary data and multiple regression analysis on panel data, the research seeks to determine whether higher minimum wages and larger populations increase unemployment, while longer level of education may reduce it. The findings are expected to contribute valuable insights for policymakers to formulate strategies that promote employment and economic growth in the region.

Source: The International Conference on Sustainable Economics Management and Accounting Proceeding

DOI: 10.32424/icsema.1.1.355

Authors: Afsari Nathania Maharani, Muhammad Farid Alfarisy, Agus Arifin, Suwajianto

Institutions: Jenderal Soedirman University, United States Department of the Treasury

Language: English

Topic: Unemployment and Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Quality education

Open Access status: bronze

OpenAlex ID: W4413619202

FWCI:

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Related to: 10