The Influence of Labor Force Participation Rate, Total Population and Minimum Wage on Unemployment in West Nusa Tenggara Province in 2017-2021
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 05
Abstract
This study aims to determine the partial or simultaneous effect of Labor Force Participation Rates, Total Population and District/City Minimum Wage on Unemployment in West Nusa Tenggara Province 2017-2021. This research uses a quantitative approach and associative method. Data collection was carried out using the documentation method, literature study and then analyzed by panel data regression analysis with the Fixed Effect Model (FEM) approach using Eviews 10 software. The results of this study indicate that the Labor Force Participation Rate has no significant and positive effect on unemployment. The total population has no significant and negative effect on unemployment while the minimum wage has a significant and positive effect on unemployment.
Authors and Affiliations
Ida Ayu Agung Widiantari, H. Sahri, Irwan Suriadi
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