2010, Unemployment in Indonesia Still 10 Percent

2010, Unemployment in Indonesia Still 10 Percent

2010, Unemployment in Indonesia Still 10 Percent

November 12th, 2009 | by rarzi |

Unemployment rate in Indonesia in 2010 is estimated to still be in the range of 10 percent. Projected economic growth of only 5.5 percent were considered to be sufficient to absorb labor in the productive age.

“State budget is less clear in infrastructure improvements could not push the unemployment rate. Moreover, the economic growth of just 5 percent,” said Director of Finance and Management PPM Bramantyo PSDM Djohan Putro in a seminar on “Economic Outlook 2010″ in Jakarta, Thursday ( 12/11).

Indonesia needs at least 7.3 percent growth per year to reduce unemployment. Growth could be achieved if the inflation rate ranges from 4 to 6 percent. Interest rates in Indonesia were at least 5-7 percent in the number and the exchange rate USD 9500-USD $ 10,500 per USD.

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