Examining the Impact of Regional Economic Growth, Education, and Minimum Wages on Open Unemployment in Central Java Province

Authors

  • Nisy-yah Sindy Aulia Agustin Universitas Muhammadiyah Surakarta

DOI:

https://doi.org/10.24252/best.v6i2.69213

Keywords:

Open Unemployment Rate, RGDP, Education, Minimum Wage

Abstract

This study aims to analyze the effect of Regional Gross Domestic Product (RGDP), Education, and the Regency/City Minimum Wage on the Open Unemployment Rate (OUR) in Central Java Province during 2020–2023. This study uses secondary data obtained from the Central Statistics Agency (BPS) with a panel data approach combining time series and cross-sectional data across regencies/cities in Central Java. The analytical method used is panel data regression to determine the effect of the independent variables on the Open Unemployment Rate. The results show that, partially, the RGDP variable has no significant effect on the Open Unemployment Rate, while the Mean Years of Schooling (MYS) and the Regency/City Minimum Wage (RMW) have a negative and significant effect on OUR. Simultaneously, RGDP, MYS, and RMW have a significant effect on OUR in Central Java Province during 2020–2023. The results of this study can serve as a consideration for the government in formulating economic and employment policies.

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Published

2026-07-11

How to Cite

Agustin, N.- yah S. A. (2026). Examining the Impact of Regional Economic Growth, Education, and Minimum Wages on Open Unemployment in Central Java Province. Bulletin of Economic Studies (BEST), 6(2), 82–92. https://doi.org/10.24252/best.v6i2.69213

Issue

Vol. 6 No. 2 (2026)

Section

Artikel

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