Analysis of Determinants of Labor Absorption in Seaweed Small and Medium Industries in Mataram City West Nusa Tenggara Province
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07
Abstract
This study aims to analyze the factors that influence labor absorption in seaweed small and medium industries in Mataram City, West Nusa Tenggara Province. The variables studied include wages, production capacity, and capital. The research method used was multiple linear regression analysis with data collected through interviews, observations, and documentation using questionnaire instruments. The results showed that wages and production capacity had a positive and significant effect on labor absorption, while capital had a negative and significant effect. This study concludes that increasing wages and production capacity can increase labor absorption, while increasing capital tends to reduce labor absorption in seaweed small and medium industries in Mataram City, West Nusa Tenggara Province.
Authors and Affiliations
Riva Prasetyo , St. Maryam , Gusti Ayu Arini
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