Analysis of Determinants of Labor Absorption in Seaweed Small and Medium Industries in Mataram City West Nusa Tenggara Province
1Riva Prasetyo,2St. Maryam,3Gusti Ayu Arini
1,2,3Faculty of Economic and Business, University of Mataram, Indonesia
https://doi.org/10.47191/jefms/v7-i7-72ABSTRACT:
This study aims to analyze the factors that influence labor absorption in seaweed small and medium industries in Mataram City, West Nusa Tenggara Province. The variables studied include wages, production capacity, and capital. The research method used was multiple linear regression analysis with data collected through interviews, observations, and documentation using questionnaire instruments. The results showed that wages and production capacity had a positive and significant effect on labor absorption, while capital had a negative and significant effect. This study concludes that increasing wages and production capacity can increase labor absorption, while increasing capital tends to reduce labor absorption in seaweed small and medium industries in Mataram City, West Nusa Tenggara Province.
KEYWORDS:
Wages, Production Capacity, Capital, Labor Absorption, seaweed
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