Open AccessAnalisis Peningkatan Upah Minimum Terhadap Penyerapan Tenaga Kerja di Provinsi Jawa Tengah
Author(s) -
Annisa Yulianti,
Hadi Sasana
Publication year - 2021
Publication title -
jurnal ekonomi pembangunan /jurnal ekonomi pembangunan
Language(s) - English
Resource type - Journals
eISSN - 2721-6071
pISSN - 2302-9595
DOI - 10.23960/jep.v10i3.291
Subject(s) - minimum wage , economics , term (time) , demographic economics , labour economics , physics , quantum mechanics
This study aims to analyze the short-term and long-term relationship of increasing the minimum wage in Central Java on employment. The research method used is ECM. The variables of this study include labor, minimum wages, PMDN, and economic growth. The data used are time-series data from 1990-2020. The results show that the minimum wage has a positive and significant relationship to the employment in the long term but not significantly in the short time. PMDN has a negative but significant correlation in the short and long term. At the same time, the variable economic growth has a positive but not meaningful relationship to employment absorption in the long and short term.