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All Journal Humanis : Jurnal Ilmu-Ilmu Sosial dan Humaniora Dinasti International Journal of Education Management and Social Science INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Ana Fitriyatul Bilgies
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Humanities Economics, Econometrics & Finance Education Social Sciences

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Journal : INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE

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LABOR MARKET DYNAMICS AND IMPLICATIONS FOR ECONOMIC GROWTH Ana Fitriyatul Bilgies; Ladjin, Nurjanna; Manao, Alwinda
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 12 (2024): In Press December
Publisher : Adisam Publisher

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Abstract

Labor market dynamics play an important role in determining the direction and speed of a country's economic growth. Changes in the composition, skills and mobility of the workforce have significant implications for productivity, innovation and social welfare. Digital transformation and globalization have changed skills needs, created new demands in the job market and driven increased investment in education and training. The unemployment rate, wage structure, and social inclusion in the labor market also influence economic stability and income equality. Therefore, policies that support the creation of productive and inclusive jobs, as well as encouraging workforce mobility and adaptation to technological and economic changes, are crucial in ensuring sustainable economic growth. This study examines various factors that influence labor market dynamics and identifies strategic policies that can be implemented to maximize the contribution of the labor sector to economic growth.
Co-Authors Ariefah Sundari Arini Novandalina Gatot Wijayanto Ladjin, Nurjanna Manao, Alwinda Rovanita Rama Yuli Sintha Asi Yutiandry Rivai