The Effect of Provincial Minimum Wage, Education Level, and Inflation on Labor Absorption in East Java Province

This study aims to determine the effect of provincial minimum wage, education level, and inflation on employment in East Java Province. This research uses a quantitative method using secondary data of the time series type in 1994 - 2023. The analysis technique uses multiple linear regression, with provincial minimum wage (x1), education level (x2), inflation (x3), and employment (Y), using the EViews 12 program. The results showed that the provincial minimum wage and education level variables had a positive and significant effect. Meanwhile, the inflation variable has a negative and insignificant effect. Meanwhile, the three variables simultaneously have a significant effect on labor absorption in East Java.

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Publication Details

Journal
Independent Journal of Economics
Published
2024-09-05
DOI
https://doi.org/10.26740/independent.v4i2.61849
Primary Topic
Economic Growth and Fiscal Policies
Type
article
Field-Weighted Citation Impact
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article

The Effect of Provincial Minimum Wage, Education Level, and Inflation on Labor Absorption in East Java Province

Nuraini Rahma Hanifa, Rayhan Aflah Dhiarama
Independent Journal of Economics
Economic Growth and Fiscal Policies
article

The Effect of Provincial Minimum Wage, Education Level, and Inflation on Labor Absorption in East Java Province

Nuraini Rahma Hanifa, Rayhan Aflah Dhiarama
article en

Abstract

This study aims to determine the effect of provincial minimum wage, education level, and inflation on employment in East Java Province. This research uses a quantitative method using secondary data of the time series type in 1994 - 2023. The analysis technique uses multiple linear regression, with provincial minimum wage (x1), education level (x2), inflation (x3), and employment (Y), using the EViews 12 program. The results showed that the provincial minimum wage and education level variables had a positive and significant effect. Meanwhile, the inflation variable has a negative and insignificant effect. Meanwhile, the three variables simultaneously have a significant effect on labor absorption in East Java.

Independent Journal of EconomicsVol. 4(2)
Universitas Negeri Surabaya (ID)
Openalex Percentile: Top 65%
Economic Growth and Fiscal Policies
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