Indonesia is a developing country that has always prioritized sustainable development. In achieving these development goals, Indonesia needs to achieve economic growth by improving population welfare and increasing income. With the form of panel data from 34 provinces in Indonesia that have unique characteristics, the author presented them during 2015-2019. Through multiple linear regression, this study seeks to discuss the relationship of unemployment, labor force participation rate, and poor people to Indonesia’s GDP growth. These findings suggest that the three macroeconomic variables have a negative impact on GDP. Regarding GDP growth, only unemployment has an actual effect, while others have no significant effect. The implications of the policies pursued by the government are not only paying attention to economic aspects but social problems that are expected to spur economic development.
The purpose of this research is to examine the effect of financial literacy and financial management behavior on female labor purchasing power of garment industries. This study was carried out in Subang District, Indonesia. The data were collected using questionnaire, in which 150 sample of female labors participated. We found that financial literacy and financial management behavior have a positive significant effect on female labor purchasing power. This study was conducted with the limited data from a relatively small sample of female labors. This study was conducted in Indonesia, indicating that some of the results might be specific to the Indonesian context. Keyword: financial literacy, financial management behavior, female labor.
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