3 April 2020 (closed)
USD/IDR (16,464) -277.01 -1.65%
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Jakarta Composite Index (4,623.43) +91.74 +2.02%
Update COVID-19 in Indonesia: 2,092 confirmed infections, 191 deaths (4 April 2020)
On Monday (05/05), Statistics Indonesia announced that unemployment in Indonesia declined to 5.70 percent (of the total labor force) in February 2014, equivalent to 7.2 million people in absolute terms. Compared to August 2013 (when Indonesia's unemployment rate was 6.17 percent), this constitutes a marked improvement. However, growth was limited compared to February 2013 (when unemployment was 5.82 percent), Data on Indonesia's (un)employment are released twice per year, covering conditions in the months February and August.
However, the number of Indonesians working less than normal working hours is high at 37.0 million people (out a total of 125.3 million people who are economically active). This includes part-time workers (26.4 million) and underemployment (10.6 million).
Traditionally, the country's agriculture sector absorbs most Indonesian workers (40.8 million), followed by trade (25.8 million) and services (18.5 million).
¹ data from February 2014
(% of total labor force)
Source: Statistics Indonesia (BPS)