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All Journal Jurnal Ekonomi Pembangunan Signifikan : Jurnal Ilmu Ekonomi Kinerja Journal of Accounting and Investment Jurnal Ilmu Sosial dan Ilmu Politik Falah : Jurnal Ekonomi Syariah Journal of Economic, Bussines and Accounting (COSTING) Muhammadiyah International Journal of Economics and Business International Journal of Social Science and Business Kajian Ekonomi dan Keuangan Journal of Indonesian Tourism, Hospitality and Recreation Journal of Innovation in Business and Economics Jurnal Ekonomi Pembangunan Studi Kasus Inovasi Ekonomi Jurnal Ilmu Ekonomi Journal of Islamic Economics, Management, and Business (JIEMB) Journal of Financial Economics & Investment Lensa Ekonomi Enrichment: Journal of Multidisciplinary Research and Development Journal of Economic and Social Empowerment VISA: Journal of Vision and Ideas Jurnal Ekonomi Pembangunan
Muhammad Sri Wahyudi Suliswanto
Universitas Muhammadiyah Malang
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Environmental Science Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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Journal : International Journal of Social Science and Business

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The Effect of Economic Growth and Foreign Direct Investment on Unemployment Sainey A. Bojang; Muhammad Sri Wahyudi Suliswanto
International Journal of Social Science and Business Vol. 8 No. 1 (2024): February
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/ijssb.v8i1.55721

Abstract

This study aims to investigate the problem of failed employment growth in The Gambia that is not in line with the increase in the country's workforce, particularly related to the high speed of college graduates entering the workforce. The study is a quantitative study using annual time-series data from 1990 to 2021 from The Gambia, with datasets that include variables such as GDP growth, foreign direct investment, and unemployment rates. The data was extracted from the World Bank database and analyzed using the E-views statistical package. This study used augmented Dickey-Fuller unit root tests and autoregressive distributed lag (ARDL) models against existing data sets. The results showed that there was no long-term correlation between the variables studied. In particular, in the short term, economic growth has a negative and insignificant influence on the unemployment rate in The Gambia, while foreign direct investment has a positive and significant impact. The implications of this study suggest that the Gambian government needs to maintain budget restrictions and allocate planned expenditures to meet the infrastructure development needed for businesses to thrive. The Gambia is also advised to attract greenfield investment to create new jobs, by encouraging foreign investors to get involved in sectors of the country's native economy, including the agricultural and manufacturing industries.
Co-Authors Abdullah, M. Faisyal Achmadi Akhimullah Febrianto Affan, Wildan Ahmad Lutfi Al ansori Amminullah Dwi Wilaga Anggraini, Dina Eka Anita Meliana Anggraeni Annasrul Hidayatullah Arfida Boedirochminarni Aris Soelistyo Bachrudin Bobby Marian Rizal Supryadi Boedirachminarni, Arfida Daeng Ahmad Fakhrian Zuhdi Damayanti, Elok Dhiki Ardin Hutama Djoko Sigit Sayogo Djoko Sigit Sayogo Dwi Susilowati Efeni Nuri Fauziyah Fitriyah Eris Tri Kurniawati Evita Hayatun Nufus Fibri Wiranty Nindya Pratiwi Idah Zuhroh Ikrom Ikrom Lely Diyah Ayuningtiyas M. Faisyal Abdullah Mochamad Rofik Mochamad Rofik Mohammad Faisal Abdullah Muhajirin Muhajirin Muhammad Faisyal Abdullah Muhammad Khoirul Fuddin Nadia Veni Karina Nazaruddin Malik Novi Primita Sari Rahmad Hidayat Ravi Iqbal Nurdian Syahputra Regita Nanda Erlitasari Riyanto, Wahyu Hidayat Rofik, Mochamad Rozi Arisyika Putra Safha Adetasya Kamila Sainey A. Bojang Sapriansah Ali Nur Iksan Selva Kurnia Oneestasya Setyo Tri Wahyudi Setyo Wahyu Sulistyono Sri Budi Cantika Yuli Sri Budi Cantika Yuli Sutikno - Sutikno Sutikno Sutikno, Sutikno Vira Okta Viana Wahyu Hidayat Riyanto Wildan Affan Yahya Yakaria Pangestin Zainal Arifin Zana Chobhita Aris Tusa