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Indonesia Has the Third Highest Unemployment Rate in Southeast Asia

23/11/2016 11:46 WIB

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Unemployment Rate in ASEAN Member States

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Unemployment Rate in ASEAN Member States

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In 2015, Indonesia ranked third highest in unemployment among ASEAN members. The unemployment rate in Indonesia reached 6.2 percent, below the Philippines and Brunei Darussalam at 6.5 and 6.9 percent respectively. Meanwhile, Cambodia and Thailand had the highest workforce absorption rates, resulting in low unemployment rates in those two countries.

According to the 2015 World Economic Forum report, Indonesia currently has a severe shortage of human resources (HR) capable of filling managerial positions. By 2020, it was projected that Indonesia would only be able to supply 56 percent of the HR needs for mid-level management positions.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia Has the Third Highest Unemployment Rate in Southeast Asia

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