Permintaan dan Penawaran Tenaga Kerja serta Pengangguran di Indonesia

Abstract

An Employment is an important factor in supporting economic growth in a country. The labor market is formed by two main forces namely labor demand and labor supply. Labor demand is affected by the marginal value of the product (VMP). VMP shows the benefits obtained from hiring additional workers and holding constant capital. The supply of labor is influenced by the free time of labor and wages. The total amount of labor provided for an economy depends on the population, the percentage of the population entering the workforce, and the number of hours worked by the workforce. The small amount of labor demand will result in excess supply of laborers who offer themselves to work, the result is unemployment. Open unemployment is an indicator that can be used to measure the level of supply of labor that is not absorbed by the labor market. Every workforce must get jobs to be able to have a competitive advantage so that they can increase competitiveness. The rise and fall of a job will affect the demand for labor for the supply of labor by the community.