Jakarta's Open Unemployment Rate up to February 2024

Erlina Fury Santika 07/10/2024 15:27 WIB

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According to Jakarta BPS data, the open unemployment rate in DKI Jakarta reached 6.03%. This comprises 6.13% males and 5.88% females.

Open Unemployment Rate (OUR) of DKI Jakarta by Gender and Total for February (2021-2024)

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Open Unemployment Rate (OUR) of DKI Jakarta by Gender and Total for February (2021-2024)

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The Jakarta Provincial Statistics Agency (BPS DKI Jakarta) reported that the open unemployment rate (TPT) in the province reached 6.03% as of February 2024.

This is comprised of 6.13% for males and 5.88% for females.

The February 2024 TPT decreased by 1.54 percentage points compared to 2023, which was 7.57%. The breakdown is 8.36% for males and 6.31% for females in 2023.

The TPT in Jakarta has consistently decreased since February 2021. The COVID-19 pandemic in 2020-2021 restricted economic activity to curb the spread of the virus, leading to numerous factory and company closures and mass layoffs.

(See also: List of Provinces with Increased Layoffs until August 2024)

In February 2021, the DKI Jakarta TPT was quite high at 8.51%, consisting of 8.98% for males and 7.75% for females.

The TPT measures the percentage of unemployed individuals within the labor force. A high TPT indicates a large number of unemployed individuals within the labor force.

In absolute numbers, there were 327,590 unemployed people in DKI Jakarta in February 2024. This is a 20.21% decrease from February 2023, which recorded 397,620 unemployed individuals.

The number of employed individuals reached 5.1 million in February 2024, an 8.11% increase from February 2023, which recorded 4.85 million employed individuals.

(See also: The Number of Employees and Unemployed People in DKI Jakarta 2021-2022)

Editor : Erlina Fury Santika

"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."