KnE Social Sciences

Published date: Sep 10 2025

Journal Title: KnE Social Sciences

Issue title: The International Conference on Economic and Sustainable Development (ICESIDE)

Pages: 103 - 111

DOI: 10.18502/kss.v10i20.19621

Henny Oktaviantihenny.oktavianti@trunojoyo.ac.idDepartment of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

Tripitono Adi PrabowoDepartment of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

This study aims to analyze the influence of economic growth, education, and investment in the regencies/municipalities within Jabodetabek ( Jakarta, Bogor, Depok, Tangerang, Bekasi) during the period 2018–2024. It compares how the independent variables affect employment rates in areas characterized by rapid growth versus those with slower growth. The study uses secondary data sourced from the Central Bureau of Statistics (BPS). A quantitative method is employed using panel data regression analysis. The best-fitting model selected is the Random Effects Model (REM). The results show that in high-growth areas, employment rates are significantly influenced by all the independent variables examined in this study. In contrast, in low-growth areas, employment rates are influenced solely by economic growth. Moreover, the impact of economic growth on employment is stronger in high-growth areas compared to low-growth ones. The policy implication of this study is the need to accelerate economic growth, particularly in low-growth areas, to maximize labor absorption. Once economic growth stabilizes, further efforts should focus on improving education and increasing investment.

Keywords: growth, employment rate, education

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