Issue link: https://read.uberflip.com/i/1440672
80 Indonesia Q4 2021 Total Labor Force (000s) 140,153 Employed Workers (000s) 131,057 Unemployed Workers (000s) 9,096 Unemployment Rate 6.5% 126,877 131,028 128,450 131,058 131,057 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 5.3% 5.0% 7.1% 6.3% 6.5% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 50% - First Vaccine Dose (December 2021) Covid Update Anyone who does not receive the vaccine when offered is denied social assistance and government services. With a few exceptions, employers may not allow non-vaccinated employees to enter the workplace. 12% 22% 10% 0% 25% 50% 75% Employer Tax Profit Tax VAT Indonesia Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $181 $187 $1.21 $0 $5 $10 $15 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Indonesia Regional Average 46% 47% 48% 48% 47% 40% 41% 42% 44% 44% 66% 67% 68% 68% 67% 0% 20% 40% 60% 80% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Monthly Hourly Minimum wage increases of over 1% for 2022. Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://www.bi.go.id