The Impact of Covid-19 Pandemic on Working Time Allocation and Income: A Study of Elderly Population in Indonesia

Authors

DOI:

https://doi.org/10.26668/businessreview/2023.v8i7.1984

Keywords:

Working Time Allocation, Income, Elderly Population, Pandemic Covid-19

Abstract

Purpose: This research aims to determine the impact of Covid-19 pandemic on working time allocation and income of elderly population in Indonesia.

 

Design/methodology/approach: The research uses a descriptive approach with a time series design using macro data issued by Central Bureau of Statistics for 2019 (before the Covid-19 pandemic) and 2021 (the Covid-19 pandemic).

 

Findings: The results showed more elderly (0.05 percent) enter to the labor market during the Covid-19 pandemic, but on other hand there was higher unemployment of 1.36 percent. There has been a decrease in average working time allocation from 2019 (before the Covid-19 pandemic) to 2021 (during the Covid-19 pandemic) by 2.34 hours per week. The research results also show a decrease in average income during the Covid-19 pandemic of IDR 220,000 per month.

 

Research limitations/implications: The workforce consist of young and old generation. This research limited to elderly and cannot examine young and more productive worker.

 

Practical implications: The policy of providing assistance in form of venture capital funds for elderly can be continued and expanded to support productive older people to be allowed to work at home.

 

Social Implications: The families and relatives of elderly should optimize economic support for elderly

 

Originality/value: The increase in number of elderly around the world due to good quality of life, advances in medical technology and modern health services. This is the first research that examine the time alocation and income of elderly after Covid 19.

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Published

2023-07-05

How to Cite

Parinding, K. A., Anwar, C., Paembonan, L., & Sir, S. Y. (2023). The Impact of Covid-19 Pandemic on Working Time Allocation and Income: A Study of Elderly Population in Indonesia. International Journal of Professional Business Review, 8(7), e01984. https://doi.org/10.26668/businessreview/2023.v8i7.1984