The Effect of Minimum Wages and Population Number on Unemployment in Jambi Province 2019-2023

This study aims to analyze the effect of minimum wages and population on the unemployment rate in Jambi Province in the period 2019-2023. The method used is panel data regression with the Fixed Effect Model (FEM) approach. The results of the study indicate that partially, minimum wages and population do not have a significant effect on the unemployment rate in Jambi Province. However, simultaneously, both variables have a significant effect on the unemployment rate. This finding indicates that employment policies must not only consider increasing minimum wages, but also create more productive jobs and adjust labor market needs to population growth. Therefore, the government is expected to implement a more comprehensive policy to reduce the unemployment rate

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Publication Details

Journal
Al-Sharf Jurnal Ekonomi Islam
Published
2025-06-27
DOI
https://doi.org/10.56114/al-sharf.v6i2.12321
Primary Topic
Economic Growth and Fiscal Policies
Type
article
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article

The Effect of Minimum Wages and Population Number on Unemployment in Jambi Province 2019-2023

Besse Nurilmi, Eja Armaz Hardi, Rafidah Rafidah
Al-Sharf Jurnal Ekonomi Islam
Economic Growth and Fiscal Policies
article

The Effect of Minimum Wages and Population Number on Unemployment in Jambi Province 2019-2023

Besse Nurilmi, Eja Armaz Hardi, Rafidah Rafidah
article en

Abstract

This study aims to analyze the effect of minimum wages and population on the unemployment rate in Jambi Province in the period 2019-2023. The method used is panel data regression with the Fixed Effect Model (FEM) approach. The results of the study indicate that partially, minimum wages and population do not have a significant effect on the unemployment rate in Jambi Province. However, simultaneously, both variables have a significant effect on the unemployment rate. This finding indicates that employment policies must not only consider increasing minimum wages, but also create more productive jobs and adjust labor market needs to population growth. Therefore, the government is expected to implement a more comprehensive policy to reduce the unemployment rate

Al-Sharf Jurnal Ekonomi IslamVol. 6(2)
Universitas Jambi (ID), Islamic University (BD)
Openalex Percentile: Top 63%
Economic Growth and Fiscal Policies
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The Effect of Minimum Wages and Population Number on Unemployment in Jambi Province 2019-2023 — Besse Nurilmi, Eja Armaz Hardi, et al. · Al-Sharf Jurnal Ekonomi Islam (2025) | TGRS Research Map | TGRS