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Talent Solutions - APAC QMR Q2 2023 | 45 Indonesia a s a s a s a s a s a s a s Latest Available Data Q2 2023 Total Labor Force (000s) 146,622 Employed Workers (000s) 138,631 Unemployed Workers (000s) 7,991 Unemployment Rate 5.5% ▪ 20% of the Labor force is 55 years+. ▪ Retirement age in Indonesia increased to 58 years in 2022 and is expected to increase by one year every 3 years so that it rises to 65 years by 2043. ▪ Compared with Q1 2019, the number of Labor force participants in the 25-34 years age group has decreased by 3%. The 55-64 years age group has increased by 11% while the 65+ has increased by 19%. ss a s s s s s s s Acc s a i s i i a i i s a a a a Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ https://www.bi.go.id/id/statistik ILOSTAT