Indonesian unemployment falls to 7.86 million in August 2023

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Cindy Mutia Annur 07/11/2023 20:30 WIB

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The Central Statistics Agency (BPS) reports that the number of unemployed people in Indonesia reached 7.86 million in August 2023. This figure is a decrease of approximately 560,000 people, or 6.77%,

Open Unemployment Rate in Indonesia (August 2019-August 2023)

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Open Unemployment Rate in Indonesia (August 2019-August 2023)

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Based on a report by the Central Bureau of Statistics (BPS), the number of unemployed people in Indonesia reached 7.86 million in August 2023. This figure is a decrease of approximately 560,000 people or 6.77% compared to August 2022.

According to BPS, this unemployment data in Indonesia encompasses four population groups, namely:

* People without jobs who are actively seeking employment;
* People without jobs who are preparing to start a business;
* People without jobs who are not seeking employment because they feel it is impossible to find a job; and
* People who already have a job but have not yet started working.

The number of unemployed people in Indonesia has shown a downward trend over the past three years, since reaching its peak at the beginning of the Covid-19 pandemic. In August 2019, the number of unemployed people in Indonesia reached 9.77 million.

The open unemployment rate (TPT) in August 2023 reached 5.32%, also down compared to August of the previous year, which was 5.86%. The TPT in Indonesia has also shown a downward trend in recent years.

The Open Unemployment Rate (TPT) is the percentage of unemployed people relative to the total labor force (the population aged 15 and over who are employed, or have a job but are temporarily not working, and the unemployed).

The TPT is an indicator used to measure the workforce not absorbed by the labor market and reflects the underutilization of the labor supply.

As of August 2023, the total Indonesian workforce reached 147.71 million people, an increase of 3.99 million people or 2.77% compared to August 2022.

Although unemployment in August 2023 continued to decline over the past three years, the number is still higher than before the pandemic. For example, in February 2019, the number of unemployed people was 7.05 million.

"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."