The role of youth is needed for the development of a country. However, unemployment is still a problem for young people currently. This study was conducted to analyze the effects of education, labor force participation rate (LFPR), economic growth, and population on youth unemployment in ASEAN-5 in 2010–2019. The method used is panel data regression with a fixed-effect model (FEM). The result of this study indicates that the variables of education and labor force participation rate (LFPR) have a positive and significant influence on youth unemployment. Meanwhile, economic growth and population variables have a positive and insignificant effect. By model, the model's equation in this study has met the criteria of goodness of fit. Therefore, increasing job opportunities, especially for youth as the nation's next-generation, must be a top priority to reduce unemployment and improve the quality of the young workforce by increasing training and competence in the workforce.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.