JAKARTA - Head of the Payment System Policy Department of Bank Indonesia (BI) Dicky Kartikoyono revealed that Indonesia's economic growth has continued to decline, even the lowest since the 1970s.
This he revealed during the Fit and Proper Test of the Deputy Governor of BI at the DPR Building, last July 1.
Based on data from the Central Statistics Agency launched last May, the Open Unemployment Rate (TPT) as of February 2025 was 4.76 percent, down 0.06 percentage points compared to February 2024.
Although the percentage of TPT has decreased, the total number of unemployed has increased to 7.28 million people in February 2025.
"This increase is caused by various factors, including waves of layoffs and economic slowdowns," as quoted from the BPS statement.
So what is the economist's view? What should the Indonesian government do so that millions of unemployed can return to work and be able to participate in increasing economic growth? Check out more information on VOI.id.
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