World

Indonesia: Almost 1 million people lose jobs in 2022

According to the Indonesian Employers' Association (APINDO), almost 1 million people lost their jobs due to layoffs in the first 11 months of 2022. The data is based on the number of unemployment claims filed to the workers' social security agency, BPJS Ketenagakerjaan.
Indonesia: Almost 1 million people lose jobs in 2022 ảnh 1Almost 1 million people lost their jobs due to layoffs in the first 11 months of 2022 (Photo: ANTARA/VNA)

Jakarta (VNA) – According to theIndonesian Employers' Association (APINDO), almost 1 million people losttheir jobs due to layoffs in the first 11 months of 2022. The data is based onthe number of unemployment claims filed to the workers' social security agency,BPJS Ketenagakerjaan.

Speaking in an online press conference on the JobCreation Perpu on January 3, APINDO chairman Hariyadi B Sukamdani said that themass layoffs were an impact of the COVID-19 pandemic, which some companies arestill reeling from.

Hariyadi added that decline in export performances wasan another factor and the mass layoffs were also an indirect result of theprovincial minimum wage hike, which forced companies to downsize.

To prevent layoffs from spreading further, FinanceMinister Sri Mulyani said the ministry will utilise this year's remainingfiscal space as there is still an ample amount of the state's spending budgetthat can be allocated for November and December 2022.

She revealed the allocation of state expenditure isexpected to rise considerably during the last two months of 2022. This willsurely boost the economy's ability to withstand turbulence.

The minister said there was still around 1,200 trillion IDR (76.8 billion USD) left of state spending as of November 2022,which will be used to provide social assistance whether in the form of wagesubsidies or other social aid programmes, to act as a social buffer for thepublic.

She added that the state budget will also be directedtoward stimulating the business climate for various industrial sectors. Thestimulus policies will still refer to plans included in the national economicrecovery programme (PEN), such as reviving the tourism and manufacturingsectors./.

VNA
#Indonesia #job #layoffs #unemployment #Vietnam #Vietnamplus #Vietnam News Agency Indonesia
Follow VietnamPlus

Related News

See more

Indonesian President Prabowo Subianto (second from right) met Singaporean Prime Minister Lawrence Wong (right) for the Leaders' Retreat at the Parliament House, Singapore on June 16. (Photo: ANTARA)

Singapore, Indonesia boost cooperation in strategic areas

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the Singaporean government has long expressed its desire to establish a clean energy supply from Indonesia as well as Carbon capture and storage (CCS) services.

Cambodia - Thailand border gate area. (Photo: Khmer Times)

Cambodia prepares for return of workers from Thailand

Leaders of the Ministry of Interior and authorities from seven provinces bordering Thailand, namely Banteay Meanchey, Oddar Meanchey, Preah Vihear, Battambang, Pailin, Pursat, and Koh Kong, were ordered to coordinate closely to support to all returning citizens, regardless of whether they possess identification documents.

Delegates at the 43rd Senior Officials Meeting on Energy (SOME) and its associated meetings. (Photo: Bernama)

Malaysia reaffirms commitment to regional energy cooperation

He expressed confidence that the discussions would deliver tangible progress aligned with Malaysia’s Priority Economic Deliverables and ASEAN’s 2025 priorities, particularly on key initiatives such as the ASEAN’s Power Grid Memorandum of Understanding and the Terms of Reference for the Subsea Power Cable Development Framework.

Illustrative image (Photo: Antara)

Indonesia transfers inmates to curb drug trade

Around 1,000 inmates in Indonesia have so far been transferred to the maximum-security prison island of Nusakambangan since Minister of Immigration and Correctional Services Agus Andrianto assumed office.

Singapore's Deputy Prime Minister and and Minister for Trade and Industry Gan Kim Yong (right) and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto at the 15th Singapore-Indonesia Six Bilateral Economic Working Groups Ministerial Meeting. (Photo: MTI)

Singapore, Indonesia strengthen economic ties

The two ministers discussed deepening collaboration on businesses and investment opportunities in both countries, including in industrial infrastructure, healthcare and the green economy.

A small business owner processes coffee beans in Palangka Raya, Central Kalimantan, on November 6, President Prabowo Subianto's government has made MSMEs one of the pillars in the economic sector. (Photo: Antara)

Indonesia boosts support for small businesses

Indonesia's regulation obligates public facilities, such as MRT and train stations, bus terminals, ports, toll roads, rest areas, and airports to allocate 30% of their commercial space to MSMEs.

ASEAN becomes leading RoK's export market

ASEAN becomes leading RoK's export market

Outbound shipments to the ASEAN region came to 47.88 billion USD in the January-May period, up 4.3% from the same period last year, according to data compiled by the Korea International Trade Association (KITA).

A corner of Bangkok. (Photo: bangkokscoop.com)

Bangkok among top 10 cities for global conferences

Thailand hosted 158 international meetings last year, up from 143 in 2023, deputy government spokeswoman Sasikarn Wattanachan said, citing the International Congress and Convention Association's 2024 GlobeWatch Business Analytics – Country & City Rankings, unveiled at IMEX Frankfurt 2025.

Indonesian Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono, at the opening of the International Conference on Infrastructure (ICI) 2025 in Jakarta, June 11, 2025. (Photo: Antara)

Indonesia targets universal access to clean water by 2045

Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono called on all stakeholders to work together in building a sustainable clean water system, stressing that universal access can only be achieved through broad-based cooperation and shared commitment across society.

Indonesian Foreign Minister Sugiono (third, left) and his New Zealand counterpart Winston Peters (third, right) co-chair the 12th meeting of the Indonesia-New Zealand Joint Ministerial Commission (JMC) in Jakarta, on June 13. (Photo: ANTARA)

Indonesia, New Zealand promote cooperation on strategic areas

The cooperation between Indonesia and New Zealand covers several fields, including economy, trade, investment, and education. In the economic sector, the ministers agreed to encourage more balanced and sustainable trade to achieve the bilateral trade target of 6 billion NZD (3.62 billion USD) by 2029.

Cambodian workers collect salt from the fields ready to store it in warehouses in Kampot province. (Photo: Phnom Penh Post)

Adverse weather drives fall in Cambodia’s salt production

March to April is the full time for salt harvesting, but in March, there was a sudden rain in a day that disrupted the production for a week and 10 days, he said, adding that in April, it rained continuously, so the association decided to finish the harvest by the end of April.

Through the ASEAN Economic Community Strategic Plan, ASEAN member countries aim to significantly enhance intra-regional trade by building greater resilience to external shocks and promoting the connectivity of the common market for goods, services and investment. (Photo: VNA)

ASEAN poised for greater role in global economy

ASEAN is a peaceful region, which makes it a conducive location for foreign direct investment and business ventures that can come from across the globe, said the chief economist of Bank Muamalat Malaysia Berhad.