The Open Unemployment Rate (TPT) of Sumatera Selatan Province in February 2024 was 3.97 Percent

Release Date	:	May 6, 2024
File Size	:	7.39 MB

Abstract

The National Labour Force Survey (Sakernas) reports number of Sumatera Selatan's labor force in February 2024 was 4.56 million people, an increase of 62.6 thousand people compared to February 2023. The labor force participation rate increased by 0.02 percentage points.
The number of employed people has increased by 85.2 thousand people, to 4.38 million people, compared to February 2023. Agriculture, forestry and fishery experienced the highest increase in employment which is 76 thousand people.
The formal sector employed 1.60 million people (36.59 percent), the decrease of 0.02 percentage points compared to August 2022.
Underemployment rate increased by 2.43 percentage points but voluntary part-time employment rates decreased by 3.16 percentage points in February 2024 compared to February 2023.
The February 2024 unemployment rate was 3.97 percent, a decrease by 0.56 percentage points from the February 2023 rate.

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