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Initiative for Indonesias High Unemployment


initiative for Indonesias High Unemployment

to three issues: 1) Changes in the Asian development model, previously reliant on welfare from traditional, tightly knit families,. Oregon, Washington and Alaska are among the five states with the highest unemployment rates. We often assume that policy and political decisions move fast and by instinct, while the research evidence moves slow. Exchanging the ability to provide for oneself with welfare checks has unfortunate consequences that reach far beyond the newly unemployed persons pocketbook. The states unemployment rate is 15 percent higher than the national average and 42 percent higher than it was five years ago when the state introduced a minimum wage higher than the federal minimum. Economic growth and development are making the Indonesia citizens better off and, at the same time, are creating an unprecedented demand for welfare entitlements such as unemployment benefits, public pensions, and health insurance, which the Government of Indonesia has to address.

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As a result, the capacity to collect data increased significantly in the late half of the XIX century in Sweden and the other Scandinavian countries that pursued similar policies. In 2015, Indonesia's GDP growth slowed to a six-year low.79 percent (y/y). This is a rather loose definition of employment and makes Indonesia's unemployment rate 'artificially' low. Decades of research confirm Nobel Prize-winning economist Gary Beckers observation: A higher minimum will further reduce the employment opportunities of workers with few skills. Indonesia the Birthmark: Analysis is at the beginning of the process of laying down a welfare state: other countries have followed this path years before. But it disappears the moment employees lose their job, forcing the least skilled among us to depend on welfare for as long as those benefits last. In 2010, the annual growth rate was.1, the same in 2012. . These areas include Lakewood city, where the unemployment rate was.9 percent; Longview city, where it was.3 percent, and Klickitat County, which had an unemployment rate.3 percent.

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