ANALYSIS OF THE EFFECT OF THE COVID-19 PANDEMIC ON ECONOMIC GROWTH AND UNEMPLOYMENT RATES IN INDONESIA

Accounting

The COVID-19 epidemic, which has been going on since March 2020, has affected every facet of life. The study's goal is to describe the influence of the COVID-19 epidemic on Indonesia's economic growth and unemployment. The study used data from 30 provinces acquired from official online documents between February and August 2020, which were the hardest hit by COVID-19, which had a significant impact on Indonesia's economic growth and unemployment rates. A quantitative technique is used in research. Secondary data was gathered from paperwork and literacy studies found on associated official websites. Multiple linear regression models are used in data analysis. The study's findings revealed that while the COVID-19 pandemic had no major impact on Indonesia's economic growth, it did have a considerable impact on the country's unemployment rate. The COVID-19 pandemic did not affect Indonesia's economic growth, but the COVID-19 epidemic and government policies caused the country's unemployment rate to rise. This condition necessitates the closure of economic firms, resulting in job losses.

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