Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

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Analysis of the Effect of Education, Gross Regional Domestic Product, District Minimum Wage and Population on Open Unemployment Rates in Central Java in 2020–2021

Authors
Alfiori Arisqi Hanira Putra1, Maulidyah Indira Hasmarini1, *
1Faculty of Economics and Business, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: mi148@ums.ac.id
Corresponding Author
Maulidyah Indira Hasmarini
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_18How to use a DOI?
Keywords
Unemployment; Education; District Minimum Wage; Population
Abstract

In this analysis, the expected objective is to determine the influence of Education, Gross Regional Domestic Product, District Minimum Wage, and Population on the Open Unemployment Rate of Central Java Province in 35 Regencies/Cities in Central Java Province in 2020–2021. This study used the panel data method. The model which selected is Fixed Effect Model (FEM). Based on the regression of this study shows that the variables of Education, Population Numbers have a large and favorable impact on the open unemployment rate. The District Minimum Wage variable turned out to effected negative and significant. Meanwhile, the variable Gross Regional Domestic Product has a positive and insignificant effect. Based on the simultaneous test of Education, the District Minimum Wage and Population Amount were significant at 93.84% and the remaining 6.16% was impacted by variables other than those considered in the model.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
978-94-6463-204-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_18How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Alfiori Arisqi Hanira Putra
AU  - Maulidyah Indira Hasmarini
PY  - 2023
DA  - 2023/10/04
TI  - Analysis of the Effect of Education, Gross Regional Domestic Product, District Minimum Wage and Population on Open Unemployment Rates in Central Java in 2020–2021
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 207
EP  - 216
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_18
DO  - 10.2991/978-94-6463-204-0_18
ID  - Putra2023
ER  -