Best answer: What is the unemployment rate for Indonesia?

Why is Indonesia unemployment so low?

During the course of Suharto’s New Order, economic development added many new jobs to the Indonesian economy, thus pushing down the nation’s unemployment rate. … Today, around 80 percent of this informal employment is concentrated in the nation’s rural areas, particularly in the construction and agriculture sectors.

Is unemployment a problem in Indonesia?

Indonesia has faced continually rising unemployment rate. The official open unemployment rate has been slowly increasing since the economic boom 1990-1995, and had remarkable increased during the crisis. It was reported recently (BPS, 2005), that more than I 0% total Indonesia’s labour force was unemployed.

What country has the highest unemployment rate 2020?

Here are the 10 countries with the highest rates of unemployment:

  • Burkina Faso (77.00%)
  • Syria (50.00%)
  • Senegal (48.00%)
  • Haiti (40.60%)
  • Kenya (40.00%)
  • Djibouti (40.00%)
  • Republic Of The Congo (36.00%)
  • Marshall Islands (36.00%)

What is the percentage of employment in Indonesia?

Indonesia employment rate was at level of 63.72 % in 2020, down from 65.54 % previous year.

What causes Indonesian unemployment?

Based on the facts on the ground, the high unemployment rate in Indonesia is caused by a lack of access to education, lack of opportunities to develop, inability to compete and lack of skills. … In Indonesia, the International Labor Organization (ILO) states that 50% of the unemployed are new graduates.

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Is Indonesia unemployment rate high?

In 2020, the unemployment rate in Indonesia was at approximately 4.11 percent. The Republic of Indonesia is a sovereign state archipelago in Southeast Asia, composed of more than 17,000 islands.

Indonesia: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2019 3.62%
2018 4.4%
2017 3.88%
2016 4.3%

How many people in Indonesia have jobs?

Employed Persons in Indonesia averaged 94886803.03 from 1980 until 2021, reaching an all time high of 131064305 in 2021 and a record low of 51192000 in 1980.

How large is the labor force in Indonesia?

Indonesia: Labor

Reference Previous
Labor Force 28 Feb 2021 138,221,938
Labor Force Employment 28 Feb 2021 128,454,184
Primary Industries Employment 28 Feb 2021 38,224,371
Tertiary Industries Employment 28 Feb 2021 62,533,696

Which country has the highest unemployment rate 2021 in the world?

According to a new report released on Tuesday by Bloomberg, South Africa has the highest unemployment rate on a global list of 82 countries as the jobless rate increased to 34.4 per cent in Q2 2021 from 32.6 per cent in Q1 2021.

Which country has the highest employment rate 2021?

The Netherlands had the highest employment rate among European countries as of the first quarter of 2021, at 79.2 percent, followed by Germany, which had an employment rate of 74.9 percent.

Employment rate in selected European countries as of 1st quarter 2021.

Characteristic Employment rate
Finland 70.4%
Poland 69.2%

Which country has the highest employment rate in the world?

The adult employment rate in 2020 was higher in Switzerland than any other Organization for Economic Cooperation and Development (OECD) country, at 79.9 percent.

Employment rate in OECD countries in 2020.

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Characteristic Employment rate
Germany* 76.7%
Sweden 75.5%
United Kingdom 75.3%
Norway 74.7%