The Effect of Foreign Investment, Population, Inflation and Wages on Educated Unemployment in Surakarta in 2016-2022

Abstract

The problem in the economy that often occurs is unemployment. Unemployment cases are a problem that occurs a lot and is difficult to overcome. For this reason, this study was conducted with the aim of understanding well what factors cause the occurrence of educated unemployment in Surakarta City. For this reason, this study uses several factors that will be tested such as the influence of foreign investment, the number of residents, the amount of inflation and the difference in the minimum wage of the city of Surakarta. All data is based on information published from 2016-2022. The method used in this study is quantitative through time series data for 7 years. The source of data from this study is BPS (Central Statistics Agency) as well as various other sources that support. Then the analysis was carried out using the Ordinary Least Square (OLS) method. All tests are done with number processing and spss analysis applications. In accordance with the analysis actions carried out on all the data obtained, it can be explained some information on the findings of foreign investment variables that have a negative and significant effect on educated unemployment, population has a positive and significant effect on educated unemployment, inflation has a positive and insignificant effect on educated unemployment, wages have a positive and significant effect on educated unemployment in Surakarta City. For this reason, in general, all variables carried out in the study have a real influence as much as 96% on educated unemployment in Surakarta City.