Socioeconomic Factors Affecting the Work Participation
DOI:
https://doi.org/10.33197/jabe.vol10.iss1.2024.1800Keywords:
Socioeconomic Factors, Participation of the Elderly Population, Binary Logistic RegressionAbstract
This study aims to analyze the influence of socio-economic factor variables on the work participation of the elderly population. The data used in this research is secondary data sourced from the Central Statistics Agency obtained from the National Labor Force Survey (SAKERNAS). This research uses Logistic Regression Analysis (Binary Logistics). The results of the study show that socio-economic factors (age, number of household members, education level, gender and income of household members) have a significant influence on the participation of the elderly population, meaning that every increase of 1 unit of social-economic factors can increase the participation of the elderly population.
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