Indonesian Minister of Manpower: Economic Conditions in the Labor Sector Beginning to Show Signs of Recovery

- 26 July 2022 18:05 WIB
Indonesian Minister of Manpower, Ida Fauziyah. (Photo/kemnaker)
Indonesian Minister of Manpower, Ida Fauziyah. (Photo/kemnaker)

JAKARTADAILY.ID – Indonesian Minister of Manpower Ida Fauziyah said that economic conditions in the employment sector have shown signs of recovery after about 2 years of facing the COVID-19 pandemic.

She said that economic recovery in the employment sector can be seen in at least in six facets. First, economic growth in the first half of 2022 reached 5.01 percent (y-o-y). The highest source of growth was found in the Industrial sector, which was 1.06 percent.

Second, the Labor-Force-Participation-Rate">Labor Force Participation Rate (TPAK) will increase from 68.08 percent in 2021 to 69.06 percent in 2022.

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"This indicates that the working age population is becoming more active in entering the labor market, as well as a sign that the working age population is starting to show optimism towards improving labor market conditions in the context of economic recovery after the COVID-19 pandemic," said Ida Fauziah on the ministry's website on Tuesday, July 26, 2022.

Ida continues, the third is the decrease of the open unemployment rate, from 6.26 percent in February 2021 to 5.83 percent in February 2022. In this context, the number of unemployed due to Covid-19 decreased from 1.62 million people to 0.96 million people in the same period.

In addition, the number of residents temporarily out of work due to Covid-19 decreased from 1.11 million people in 2021 to 0.58 million people in 2022.

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She further said that the working population who experienced reduced working hours also decreased from 15.72 million people in 2021 to 9.44 million people in 2022.

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Editor: Suksmajati Kumara

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