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Jakarta Post

Focusing on human development

  • The Jakarta Post

  /   Fri, July 12 2019   /  01:38 am

The government regulation that grants double income tax deductions for companies that conduct vocational training and apprenticeship programs for unemployed graduates or job seekers and triple tax deductions for expenditures on research and development is a policy measure focused on human resource development.The policy, launched early this week to address the high youth unemployment rate in the country and the acute lack of skilled labor, is also a response to the criticism alleging that President Joko “Jokowi” Widodo is excessively obsessed with physical infrastructure at the expense of human resource development. Youth unemployment in Indonesia, last estimated at over 18 percent, is alarming indeed because more than 65 million of the country’s 260 million population are aged between 20 and 35, almost 50 percent of the working-age population.We know young people are essential to ...