JEFMS Journal

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.

KEYWORDS:

Unemployment, Labor Force Participation Rate, Total Population, Minimum Wage, Fixed Effect Model (FEM).

REFERENCES:

1) Bastari, DP (2019). The Influence of Economic Growth, Labor Force Participation Rate, Average Length of Schooling, and District/City Minimum Wage on Unemployment Rates in Banten Province in 2010-2017. Thesis of Syarif Hidayatullah State University Jakarta, 30-aug-2019, 1-93.

2) Indriani, D. (2019). The Effect of Minimum Wage and Population on Unemployment Rates in Lampung Province in the Perspective of Islamic Economics. Raden Intan Lampung State Islamic University Thesis.

3) Pasuria, S., & Triwahyuningtyas, N. (2022). The Influence of the Workforce, Education, Minimum Wage, and Gross Domestic Product on Unemployment in Indonesia. Sibatik Journal, volume 1 (No. 6).

4) Prawira, S. (2018). The Effect of Economic Growth, Provincial Minimum Wage and Education Level on Open Unemployment in Indonesia. EcoGen 1(1), 159169.

5) Priastiwi, D., & Handayani, HR (2019). Analysis of the Influence of Total Population, Education, Minimum Wage, and GRDP on Open Unemployment Rates in Central Java Province. Diponogoro Journal Of Economics, volume 1 (Number 1), 1-11.

6) Rambe Rhivnna Cilviyani, et al (2019). Analysis of Factors Affecting Open Unemployment in Jambo Province. E-Journal of Resource and Environmental Economics Vol. 8 (No. 1), 1-4.

7) S. Rubijanto (2012). Economic Intelligence Theory and Applications. Gramedia PT. Jakarta.

8) Setyoningsih, A. (2021) Analysis of the Influence of the Workforce, Minimum Wage, GRDP and Human Development Index on District/City Open Unemployment Rates in East Java Province. Tulung Agung State Islamic Institute Thesis, 1-6.

9) Sugiyono, (2019). Quantitative Research Methods, Qualitative and R&D. Alphabet.

10) Sukirno, S. (2006). Development Economics: Processes, Problems and Policy Basis (Second Edition). Kencana Preda Media, Jakarta.