August 15, 2025eCo-BussOpen Access

Factors Influencing Labor Absorption in the Micro and Small Industry Sector in Banten Province for the 2019-2023 Period

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Quantitative analysis reveals GDP significantly affects labor absorption in micro and small industries, suggesting limited impact from other factors.

Labor absorption is significantly influenced by Gross Domestic Product, with a high R-squared value of 0.989332 indicating strong explanatory power.
The study finds inadequate evidence that the number of industries or minimum wage directly influence labor absorption levels.
Employing multiple linear regression, the analysis examines data from 8 regencies and cities in Banten over a four-year period.
These findings highlight the need for further exploration of factors impacting labor absorption beyond those initially considered.

Hanitha et al. (2025) studied this question.

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Quantitative analysis reveals GDP significantly affects labor absorption in micro and small industries, suggesting limited impact from other factors.