Unemployment in Indonesia Declines to 5.70% of the Total Labor Force
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).
Download Statistics Indonesia's February 2014 (un)employment data here
| 2010 | 2011 | 2012 | 2013 | 2014¹ | |
| Labor Force | 116,527,546 | 119,399,375 | 120,320,000 | 120,170,000 | 125,320,000 |
| - Working | 108,207,767 | 111,281,744 | 113,010,000 | 112,760,000 | 118,170,000 |
| - Unemployed | 8,319,779 | 8,117,631 | 7,310,000 | 7,410,000 | 7,150,000 |
¹ data from February 2014
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | |
| Unemployment (% of total labor force) |
10.3 | 9.1 | 8.4 | 7.9 | 7.1 | 6.6 | 6.1 | 6.2 | 5.7 |
Source: Statistics Indonesia (BPS)
Discuss
Today's Headlines
- Update on 2024 Legislative & Presidential Elections of Indonesia; Latest Developments?
- Economic Update Indonesia; Assessing the Economy by Looking at Macroeconomic Indicators
- Indonesia Investments Released June 2023 Report - Focus on Mining Sector
- Consumer Price Index of Indonesia: June 2023 Brings Yet Another Month of Low Inflation
- Indonesia Investments Released May 2023 Report - US Pressures Come and Go