Analysis of Economic, Education, and Skill Factors against High Unemployment: A Case Study in West Java Province
DOI:
https://doi.org/10.58812/wsjee.v1i03.405Keywords:
Economic, Education, Skill Factors, High Unemployment, West Java ProvinceAbstract
This research investigates the intricate interplay between economic factors, education levels, workforce skills, and their impact on high unemployment rates, focusing on a case study in the West Java Province. Utilizing a quantitative approach, the study employs Structural Equation Modeling with Partial Least Squares (SEM-PLS) to analyze data collected from 187 participants. The measurement model's reliability and validity are assessed, and subsequent regression analyses explore the relationships between the identified constructs. The discriminant validity matrix ensures the distinctiveness of the constructs. Fit indices compare the Estimated Model with the Saturated Model, affirming the model's accuracy in capturing observed data. Noteworthy results highlight the significance of education and workforce skills in mitigating high unemployment. The research contributes to the existing literature by providing empirical insights into the multifaceted factors influencing unemployment in the specific context of West Java.
References
Y. Iskandar and U. Kaltum, “The Relationship Between Intellectual Capital and Performance of Social Enterprises: A Literature Review,” 2021, doi: https://doi.org/10.36941/ajis-2021-0141.
Y. Iskandar and T. Sarastika, “Study of Socio-Economic Aspect and Community Perception on The Development of The Agricultural Area Shrimp Ponds in Pasir mendit and Pasir Kadilangu,” West Sci. J. Econ. Entrep., vol. 1, no. 01, pp. 28–36, 2023.
M. I. Mafiri, “Socio-economic impact of unemployment.” University of Pretoria, 2005.
S. G. Oladimeji, I. O. Ayelotan, F. A. Sholagbade, and S. I. Opeogun, “Unemployment: A Menace to National Economy,” KIU J. Soc. Sci., vol. 5, no. 1, pp. 77–84, 2019.
P. Davidson, “Faces of unemployment: September 2018,” 2018.
M. Sen et al., “Prediction of Unemployment using Machine Learning Approach,” in 2022 OITS International Conference on Information Technology (OCIT), IEEE, 2022, pp. 1–5.
F. Ince, “Strategies to Combat Hidden Resignation and Disguised Unemployment,” in Management Strategies and Tools for Addressing Corruption in Public and Private Organizations, IGI Global, 2023, pp. 258–273.
J. PROVINCE, “THE EFFECTS OF INVESTMENT AMOUNT IN INVESTMENT ACTIVITY REPORT (LAPORAN KEGIATAN PENANAMAN MODAL/LKPM) ON EMPLOYMENT IN WEST,” Comp. Anal. Trade Financ. Emerg. Econ., p. 191, 2023.
M. Z. Agung and D. Rahmi, “Pengaruh Ekspor, Investasi PMDN dan Investasi PMA Terhadap Kesempatan Kerja di Provinsi Jawa Barat Tahun 2007-2021,” in Bandung Conference Series: Economics Studies, 2023, pp. 1–8.
G. H. Wenur and R. Wasono, “SPATIAL DURBIN MODEL OF UNEMPLOYMENT RATE IN CENTRAL JAVA,” Param. J. Stat., vol. 3, no. 1, pp. 7–18, 2023.
Y. E. Nugraha, “Impact of Covid-19 Social Restrictions on Seafood Culinary-Based Tourism Industry at Kampung Solor,” Media Wisata, vol. 21, no. 1, pp. 62–71, 2023.
B. P. Utama, “Influence Growth Economy and Unemployment Rate on Poverty Rate Province West Java in 2014-2019,” Din. Ekon., vol. 14, no. 1, 2022.
N. A. Fauzi and J. Sutrisno, “ANALYSIS OF THE RELATIONSHIPS OF THE AGRICULTURAL SECTOR IN ECONOMIC DEVELOPMENT IN WEST JAVA PROVINCE (INPUT-OUTPUT ANALYSIS).,” Eduvest J. Univers. Stud., vol. 2, no. 12, 2022.
N. F. Nasution and K. T. Wahyuni, “Industrialization and Convergence of West Java Manufacturing Labor Productivity, Indonesia,” JEJAK, vol. 15, no. 1, pp. 165–178, 2022.
I. G. P. R. Andaningsih, T. Trinandari, N. Novita, and K. Kurnia, “Pemberdayaan UMKM Melalui Digitalisasi Keuangan Menggunakan Aplikasi Catatan Keuangan di Pasar Kranggan Wilayah Kecamatan Jati Sampurna Kota Bekasi Jawa Barat,” J. Abdimas BSI J. Pengabdi. Kpd. Masy., vol. 5, no. 1, pp. 143–155, 2022.
T. P. Nugrahanti, “Risk assessment and earning management in banking of Indonesia: corporate governance mechanisms,” Glob. J. Bus. Soc. Sci. Rev., vol. 4, no. 1, pp. 1–9, 2016.
U. B. Jaman, “Prospek Hak Kekayaan Intelektual (HKI) sebagai Jaminan Utang,” J. Huk. dan HAM Wara Sains, vol. 1, no. 01, pp. 15–20, 2022.
S. Supriandi and M. Y. Masela, “Pengaruh Struktur Modal, Profitabilitas, Likuiditas Pasar Terhadap Nilai Perusahaan Pada Industri Manufaktur di Jawa Barat,” Sanskara Akunt. dan Keuang., vol. 1, no. 03, pp. 142–152, 2023.
E. Hegelund and J. Taalbi, “What determines unemployment in the long run? Band spectrum regression on ten countries 1913–2016,” Struct. Chang. Econ. Dyn., vol. 64, pp. 144–167, 2023.
M. Trost, T. Claus, and F. Herrmann, “Master Production Scheduling with Consideration of Utilization-Dependent Exhaustion and Capacity Load,” Sustainability, vol. 15, 2023.
D. Dahliah, “The Effect of Human Capital and Unemployment on Poverty Through Economic Growth and The Moderating Role of Investment,” JEKT J. Ekon. Kuantitatif Terap., vol. 16, no. 1, pp. 46–66, 2023.
A. Tarvid, Agent-Based Modelling of Social Networks in Labour-Education Market System. Springer, 2016.
N. Baporikar, “Knowledge management for business sustainability,” in Reviving Businesses With New Organizational Change Management Strategies, IGI Global, 2021, pp. 30–44.
S. Tudor, T. F. Cilan, L. L. Năstase, M. L. Ecobici, E. R. Opran, and A. V. Cojocaru, “Evolution of Interdependencies between Education and the Labor Market in the View of Sustainable Development and Investment in the Educational System,” Sustainability, vol. 15, no. 5, p. 3908, 2023.
E. L. Widarni and S. Bawono, “Investigating the Role of Education in Stability of Work Participation in Economic Shocks from the Asian Financial Crisis to the Covid 19 Pandemic in Indonesia,” Int. J. Prof. Bus. Rev., vol. 8, no. 1, pp. e0811–e0811, 2023.
M. Anwar, H. Effendi, and R. Darni, “Development of Engineering Vocational Choice Systems in Higher Education,” J. INFORMATICS Telecommun. Eng., vol. 6, no. 2, pp. 570–578, 2023.
Z. Abidin, D. Destari, S. Syafruddin, S. Arifin, and M. Agustiani, “Implementation of Islamic Religious Education Learning and Character in the New Normal Era,” Al-Hayat J. Islam. Educ., vol. 6, no. 1, pp. 158–169, 2022.
D. Destari, H. Tannady, A. G. Zainal, S. Nurjanah, and J. M. J. Renwarin, “The Improvement of Employee’s Performance in Plastic Ore Industry: Mediating Role of Work Motivation.,” Turkish Online J. Qual. Inq., vol. 12, no. 7, 2021.
D. Destari, M. Saufi, S. Arijanti, G. Al Haddar, and I. Kasmilawati, “The Implementation of School-Based Management in Supporting Standard of School Infrastructure and Facilities in Islamic Private School,” J. Educ., vol. 5, no. 3, pp. 10318–10323, 2023.
N. Saputra et al., “Adaptation and Language Responsibility in the Digital Age Media,” J. Namibian Stud. Hist. Polit. Cult., vol. 33, pp. 2271–2285, 2023.
M. Hidayat, R. Salam, Y. S. Hidayat, A. Sutira, and T. P. Nugrahanti, “Sustainable Digital Marketing Strategy in the Perspective of Sustainable Development Goals,” Komitmen J. Ilm. Manaj., vol. 3, no. 2, pp. 100–106, 2022.
N. Trinandari Prasetyo Nugrahanti, “Dysfunctional Audit Behavior and Sign Off Premature Audit Procedures: Case Study of Jakarta Public Accounting Firm,” 2020.
T. P. Nugrahanti and A. S. Pratiwi, “The Remote Audit and Information Technology: The impact of Covid-19 Pandemics,” JABE (JOURNAL Account. Bus. Educ., vol. 8, no. 1, pp. 15–39, 2023.
T. P. Nugrahanti, “Analyzing the Evolution of Auditing and Financial Insurance: Tracking Developments, Identifying Research Frontiers, and Charting the Future of Accountability and Risk Management,” West Sci. Account. Financ., vol. 1, no. 02, pp. 59–68, 2023.
S. E. Madonda, “The influence of workplace skills plan on human capital development at the eThekweni Municipality.” 2021.
G. Gcezengana, B. Peter, T. Rulashe, and Z. Coka, “An investigation of a nexus between employee skills development and competence in the Eastern Cape Department of Education,” Africa’s Public Serv. Deliv. Perform. Rev., vol. 10, no. 1, p. 9, 2022.
F. R. Suhadi and E. Setyowati, “Analisis Pengaruh Jumlah Penduduk, Pendidikan, Upah Minimum, Dan PDRB Terhadap Tingkat Pengangguran Terbuka Di Provinsi Jawa Barat,” EKOMBIS Rev. J. Ilm. Ekon. dan Bisnis, vol. 10, no. 2, pp. 879–888, 2022.
I. Singh and S.-W. Lee, “Comparative requirements analysis for the feasibility of blockchain for secure cloud,” in Requirements Engineering for Internet of Things: 4th Asia-Pacific Symposium, APRES 2017, Melaka, Malaysia, November 9–10, 2017, Proceedings 4, Springer, 2018, pp. 57–72.
A. A. Aziz and A. Julia, “Pengaruh Jumlah Industri, Upah Minimum, dan Pertumbuhan Ekonomi terhadap Pengangguran Kabupaten dan Kota di Provinsi Jawa Barat Tahun 2017-2020,” in Bandung Conference Series: Economics Studies, 2022, pp. 400–410.
M. Fauzan, F. Amalia, and H. Ali, “The Relationship between Income Inequality, Economic Growth, Inflation, and Unemployment in West Java Province,” West Sci. Bus. Manag., vol. 1, no. 02, pp. 61–70, 2023.
A. M. Pratomo and A. Setyadharma, “The Effect of Wages, Economic Growth, and Number of Industries on Unemployment,” KnE Soc. Sci., pp. 1266–1279, 2020.
B. C. Solomon, B. N. Nikolaev, and D. A. Shepherd, “Does educational attainment promote job satisfaction? The bittersweet trade-offs between job resources, demands, and stress.,” J. Appl. Psychol., vol. 107, no. 7, p. 1227, 2022.
G. Mpendulo and E. E. Mang’unyi, “Exploring relationships between education level and unemployment,” J. Soc. Sci., vol. 7, no. 2, pp. 86–102, 2018.
S. Coskun, “Young, educated, unemployed,” University of Bonn and University of Mannheim, Germany, 2019.
F. Obiols-Homs and V. Sánchez-Marcos, “Education outcomes and the labor market,” Labour Econ., vol. 54, pp. 14–28, 2018.
J. A. Bogliaccini, A. Madariaga, M. Rojas Peralta, and S. Marzoa, (Un) employment and skillsformation in Chile: An explorationof the effects of training in labourmarket transitions, no. 57. ILO Working Paper, 2022.
A. Amini and B. Nikbin, “Estimation and Analysis of Labor Demand Function in Terms of Education and Employment Forecasting Up to the Year 1400,” Plan. Budg., vol. 25, no. 2, pp. 59–90, 2020.
S. McGuinness, K. Pouliakas, and P. Redmond, “Skills mismatch: Concepts, measurement and policy approaches,” J. Econ. Surv., vol. 32, no. 4, pp. 985–1015, 2018.
C. Piton and F. Rycx, “Unemployment impact of product and labor market regulation: evidence from European Countries,” IZA J. Labor Policy, vol. 9, no. 1, 2018.
S. McGuinness, K. Pouliakas, and P. Redmond, “How useful is the concept of skills mismatch?,” 2017.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Loso Judijanto, Didih Muhamad Sudi
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Facebook 
Instagram 
Twitter 
Youtube 
+62 821 1557 5700 
info@westscience-press.com 