Insight

Lack of Formal Jobs in Indonesia

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Algo Research Team

Economics | Oct 22, 2024 | Views: 324

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Key Summary:

  • Decline in formal workers over the past 15 years
  • Economy relying too much on capital intensive projects
  • Lack of support for labor intensive sectors, weak demand

The Indonesian government has failed to create enough formal job opportunities, especially for younger generations, leaving them with informal works that are financially less stable.


Definition: Formal jobs are defined as those who work full-time and receive salary as employed individuals.

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