BI Survey Shows Public Confidence in Job Market Remains Low

Tempo
Aug 08

The latest survey from Bank Indonesia (BI) reveals that the Job Opportunity Index (IKLK) in July 2025 showed a slight improvement over the previous month, but it remains at a pessimistic level, below the 100-point threshold, for the third consecutive month since May 2025.

BI noted that while the overall Consumer Confidence Index (IKK) is optimistic and has improved, the IKLK still signals public concern. "Respondents' perception of the availability of job opportunities is improving, although it is still in the pessimistic zone (<100)," the central bank stated in its consumer survey released on Friday, August 8, 2025.

The Job Opportunity Index (IKLK) for July 2025 increased to 95.3, up from the previous month's pessimistic level of 94.1. In May 2025, the IKLK was at 95.7.

During the period of January to April 2025, consumer confidence in job availability was at an optimistic level, with the IKLK in April 2025 recorded at 101.6.

The BI survey also provides a breakdown of the IKLK figures by age and educational group. Respondents with Academy/Diploma and Postgraduate degrees showed improved perceptions, placing them in the optimistic zone. In contrast, the high school and bachelor's degree education groups still hold a pessimistic outlook.

Similarly, when categorized by age, all respondents remain pessimistic about current job availability, with the exception of the 31-40 age group.

As for the broader economic sentiment, the Consumer Confidence Index in July 2025 was 118.1, a slight increase from June's IKK of 117.8. The Consumer Expectations Index also showed improvement, rising to 129.6 in July from 128.9 in the previous month. Meanwhile, the Current Economic Conditions Index in July 2025 remained stable at a level of 106.6.

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