THE EFFECT OF INVESTMENT, EXPORT AND FOREIGN WORKERS ON THE OPEN UNEMPLOYMENT RATE IN INDONESIA 2015-2022
This study aims to analyze the effect of investment, exports, and foreign workers on the open unemployment rate in Indonesia in the period 2015 – 2022. This study used a quantitative descriptive analysis method. The hypothesis test in this study is used to explain the causal relationship between the variables of each selected variable to ensure that quantitatively the relationship exists directly or indirectly. The results of the ECM analysis or short-term analysis show that only investment variables have a significant and negative effect on TPT in Indonesia. In contrast, exports, foreign workers, and wages have no effect. Meanwhile, the results of Multiple Linear Regression show that investment and export variables significantly and negatively affect TPT in Indonesia. Meanwhile, the variables of foreign workers and wages do not significantly affect TPT in Indonesia.
Investment, Exports, Foreign Employment, Open Unemployment