INDONESIA
UNEMPLOYMENT RATE
BY PRESIDENCY TERM

Economic growth is one of the most important indicator of economic performance of a country. One of the measurement for economic growth is distribution of income that can be seen from unemployment rate, which is invocate when decreasing the numbers of labor market available and decaying of job vacancy.

Unemployment is a serious problem that our government faces every year. Therefore, in this work we want to expose the relation of regulation, Indonesian presidential, and the rate of unemployment.

CONTINUE

Unemployment Rate of Indonesia from 1996 - 2016

Habibie

Unemployment rate: +0.45 percent / year

Abdurrahman Wahid

Unemployment rate: +0.58 percent / year

Megawati

Unemployment rate: +0.44 percent / year

SBY

Unemployment rate: -0.404 percent / year

Jokowi

Unemployment rate: -0.115 percent / year

Events

Monetary Crisis
(1996)

Collapse of Rupiah
  • 138 billion US dollars loan
  • Only 14.44 billion US dollars foreign exchange left
  • Rupiah values reach Rp. 17000/US dollar
  • About 70% industries committed to be collapsed

Habibie
(1997-1999)

Significant inflation
  • Huge decline on currency value
  • Massive termination of employment
  • Bank liquidity crisis and credit issues
  • Colossal foreign investments in local industries
  • Failed IMF aid attempt
  • The price of basic needs keep increasing
  • Structural Adjustment Program

Abdurrahman Wahid
(1999-2001)

National Chaos
  • Many corruption, collution, and nepotism occurred
  • Many social and racial riots happened
  • Relationship between Indonesia and IMF was not really well
  • Political and social instability
  • Rupiah value to American Dollar is approximately 12.000/USD on April 2001

Megawati
(2001-2004)

Early infrastructure construction
  • Increasing of currency value
  • Unstable economic policies
  • Deceleration of economic growth
  • The continuing of monetary crisis
  • Falling GDP

Susilo Bambang Yudhoyono
(2004-2014)

More Stable Politics (2005-2009)
  • Increasing informal labor marke
  • Privatization of labor
  • Relatively stable economic policies
Indonesia become member of G-20 (2009-2014)
  • Increasing GDP
  • Equity funding
  • The rise of inflation rate
  • Stronger IDR value to USD

Jokowi

(2014-2016)

Free market
  • Encouraging free-market policy
  • Fall of oil prices from 100 to 30 USD per barrel
  • Badan Penyelenggara Jaminan Sosial Ketenagakerjaan established

Unemployment Rate per Province Over Years

Select Year

Who is Better on Fighting Unemployment?

For further explanation of the effectiveness in national labor sector, we use the difference of unemployment rate between start and end of respective presidency term. If the result is a ramp, then the president has failed on unempoyment rate fighting because it means the rate is increasing. On the other hand, decreasing value represented by slope indicates that the efforts has been paid off.



Increasing unemployment rate




Decreasing unemployment rate