Analysis of Determinants of Labor Absorption in Seaweed Small and Medium Industries in Mataram City West Nusa Tenggara Province

Authors : Riva Prasetyo; Gusti Ayu Arini; St. Maryam
article cite 0 Year 2024
source: Journal of Economics Finance and Management Studies
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.


Concepts :
Agriculture and Agroindustry Studies
SMEs Development and Digital Marketing
Management and Optimization Techniques
article cite 0 Year 2024 source Journal of Economics Finance and Management Studies
SDGs
Decent work and economic growth
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