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Journal : Journal of Accounting and Management Innovation

Impact of Minimum Wage on Youth Employment Thomson Sitompul
Journal of Accounting and Management Innovation Vol 6 No 1 (2022)
Publisher : Universitas Pelita Harapan Medan Campus

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Abstract

Unlike the previous study in the minimum wage, which focused on total employment and economic sector, this paper examine its effect on one demographic variable (age) by comparing covered youth employment using cross tabulation of the status and type of job and using job status only. The aim of this study is to analyze the impact of minimum wages on youth employment in Indonesia. We analyze the impact on covered youth wemployment and total youth employment. This study contributes to the limited literature on youth employment as the impact of minimum wage in developing countries, especially in Indonesia. Using cross section distric data from the 2015 on OLS method of regression, we find that the districts/cities that have a higher district minimum wage has lower covered youth employment and total youth employment. Cross tabulation used is more representative than job status to show the impact of minimum wage on covered youth employment. Ignoring cross tabulation of the status and type of job used seriously underestimates the size of covered youth emplyoment. The impact of minimum wage on covered youth employment using cross tabulation is higher than job status used. The higher the district minimum wage, the lower the covered youth employment. Surprisingly, the minimum wages reduced covered youth employment significantly more than total employment.
ECONOMIC AND SOCIAL IMPACT OF MIGRATION Thomson Sitompul
Journal of Accounting and Management Innovation Vol 7 No 1 (2023): Journal of Accounting and Management Innovation
Publisher : Universitas Pelita Harapan Medan Campus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19166/jam.v7i1.597

Abstract

The previous study in the migration topic was focused to see its impact to the economic and social scope only to the origin country. The purposes of this study are to know how does international migration impact the economic aspects of origin country and destination country and how does international migration impact the social aspects of the origin country and destination country. The data in this study are based on books and journals that are relevant to the author's research. The data analysis technique used in this study is qualitative data analysis where in this study the opinions expressed by experts regarding instructional media are used as a basis for strengthening the author's arguments in analyzing the effects of migration on the economy and social. The economic impact to the country of origin can be seen through remittances while to the destination country can be seen through GDP, unemployed migrants and competition in looking for work. The social impact to the country of origin can be seen through by the migrant families who are left behind, which causes the psychological cost while to the destination country can be seen through the integration of migration.