THE EFFECTS OF ECONOMIC GROWTH, WAGE, AND EDUCATION LEVEL ON EMPLOYMENT
Abstract
The objective of study is to examine the effects of economic growth, wage, and education level on employment, comparing the case of region with high unemployment rate and the case of low unemployment rates in South Sulawesi. In general, the economic theory suggest that high economic growth, which indicates a growing number of national outputs, indicates a growing number of national output, indicates more employment and reduce unemployment. The method used is panel data regression combining the time series and cross section. The result suggests that in the low employment regions, the factors affecting employment are wages and levels of education. Meanwhile in the high unemployment grup, the most important factors influencing employment are economic growth and education level.
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DOI: https://doi.org/10.33758/mbi.v15i6.903
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