Abstract

Purpose: The unemployment rate as well as the labor force indicate the large number of people who must be included in the development process. This shows that the dynamics of the development process must be able to involve the entire work force, meaning that a large number of work force can become a burden for economic development. Apart from education, another aspect that influences the unemployment rate is the unequal distribution of income (gini ratio). Inequality in income distribution is a problem of differences in income between the richest and the poorest individuals. The greater the income gap, the greater the variation in income distribution. This study aims to obtain quantitative "evidence" regarding the effect of education and the gini ratio on the unemployment rate. Methodology: Based on the research objectives, this research is a quantitative research with the type of explanatory research, which will explain the causal relationship between the independent variables and the dependent variable through hypothesis testing. The type of data used in this study is secondary data. The secondary data used is in the form of a time series from 2013 to 2017. The data analysis used is multiple linear regression analysis. Results: Based on the research results it is known that (1) Education partially has a positive and significant effect on the unemployment rate in South Kalimantan. This means that education can reduce the number of unemployed in accordance with the theory of human capital, therefore education is one of the factors that needs to be improved so that the quality of human resources increases and has competitiveness; (2) The Gini ratio (income inequality) partially has a positive and significant effect on the unemployment rate in South Kalimantan. This means that when income inequality is high, the unemployment rate will also increase.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.