Govt’s 3 million new jobs target next year deemed ‘ambitious’
Businesses urge the government to address structural issues that contribute to the high-cost economy, simplify business licensing and adopt more supportive policies for labor-intensive industries.
Indonesia aims to create more than 3 million new jobs in 2027, with Finance Minister Purbaya Yudhi Sadewa revealing a target of between 2.57 million and 3.49 million jobs next year. The government has included the proportion of formal jobs as a development indicator in the State Budget draft for 2027, aiming to increase the share from 37.95 percent this year to 40.81 percent.
However, businesses and economists have deemed this goal ambitious, stressing that achieving it would require reducing the cost of doing business to spur investment and incentivize labor-intensive industries to improve their competitiveness.
Brief written by urgent.news from The Jakarta Post's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
