The unemployment rate in Indonesia declined to 4.82 percent in the March quarter of 2024 from 5.45 percent in the same quarter the previous year, pointing to the lowest figure since at least Q4 of 1997. The number of unemployed persons fell by 9.89 percent from a year earlier to 7.20 million. At the same time, the number of employed grew by 2.56 percent to 142.18 million, mostly in food accommodation & beverages, construction, and agriculture. Meanwhile, the labor force participation rate increased to 69.80 percent from 69.30 percent in the prior year. source: Statistics Indonesia

Unemployment Rate in Indonesia decreased to 4.82 percent in the first quarter of 2024 from 5.32 percent in the third quarter of 2023. Unemployment Rate in Indonesia averaged 5.99 percent from 1982 until 2024, reaching an all time high of 11.24 percent in the third quarter of 2005 and a record low of 2.00 percent in the fourth quarter of 1983. This page provides the latest reported value for - Indonesia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2024.

Unemployment Rate in Indonesia decreased to 4.82 percent in the first quarter of 2024 from 5.32 percent in the third quarter of 2023. Unemployment Rate in Indonesia is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Unemployment Rate is projected to trend around 6.00 percent in 2025, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 138632511.00 135296713.00 Dec 2023
Labor Force Participation Rate 69.30 68.63 percent Dec 2023
Population 278.70 275.80 Million Dec 2023
Unemployed Persons 7989275.00 8425931.00 Dec 2023
Unemployment Rate 4.82 5.32 percent Mar 2024
Wages in Manufacturing 3026413.00 3204880.00 IDR/Month Dec 2023

Indonesia Unemployment Rate
In Indonesia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
4.82 5.32 11.24 2.00 1982 - 2024 percent Quarterly


News Stream
Indonesia Q1 Jobless Rate Drops to 4.82%
The unemployment rate in Indonesia declined to 4.82 percent in the March quarter of 2024 from 5.45 percent in the same quarter the previous year, pointing to the lowest figure since at least Q4 of 1997. The number of unemployed persons fell by 9.89 percent from a year earlier to 7.20 million. At the same time, the number of employed grew by 2.56 percent to 142.18 million, mostly in food accommodation & beverages, construction, and agriculture. Meanwhile, the labor force participation rate increased to 69.80 percent from 69.30 percent in the prior year.
2024-05-06
Indonesia Q3 Jobless Rate Falls to 5.32%
The unemployment rate in Indonesia declined to 5.32 percent in the September quarter of 2023 from 5.86 percent in the same quarter the previous, pointing to the lowest figure since Q1 2020. The number of unemployed persons dropped by 6.77 percent from a year earlier to 7.86 million. At the same time, the number of employed grew by 3.77 percent to 139.85 million, mostly in food accommodation & beverages, construction, and agriculture. Meanwhile, the labor force participation rate was up to 69.48 percent from 68.66 percent in the prior year.
2023-11-06