Pengaruh pertumbuhan ekonomi, Indeks Pembangunan Manusia, dan upah minimum terhadap angka pengangguran di Provinsi Sumatera Utara

Abstract

Currently, the primary employment problem in Indonesia is the number of job opportunities that are generally not proportional to the growth of the working-age population. This situation can have an impact on the increasing unemployment rate. Various macro factors are argued to have critical effects on the fluctuations in unemployment rates in a region, including economic growth, human development, and minimum labour wages. This study aims to look at the effects of economic growth, the Human Development Index (HDI), and the minimum labour wages on the unemployment rate in North Sumatra from 2004 to 2021. By using a descriptive quantitative approach, this study uses time-series data published by Statistics Indonesia. This study applies analytical technique of double linear regression by using the Eviews 9 software. The results of this study show that economic growth negatively and significantly influences the unemployment rates in the North Sumatra Province. Increasing economic growth encourages higher labour absorption so that the unemployment rate decreases. The human development index and minimum labour wages also negatively and significantly affect unemployment rates in this province. An increase in the human development index reflects an increase in the level of education and skills of the workforce. Additionally, increasing the minimum wage encourages the workforce to be more flexible when entering the labour market.