Gross domestic product (GDP) (dependant variable) accepted globally as one of the most significant indicator to determine the economic performance of any countries or cities. The performance of JobStock® will be measured as numbers of advertised job advertisement and numbers of job positions advertised in the portal annually (independent variable). The analysis will be carried out by using Ordinary Least Square (OSL) Estimation Method. The 10 years time series data as shown table below.
No | Year | GDP Sarawak (RM'000) | Advertised job advertisement | Numbers of Job Positions Advertised |
---|---|---|---|---|
1 | 2011 | 92,700 | 1,193 | 3,158 |
2 | 2012 | 94,013 | 2,241 | 4,358 |
3 | 2013 | 98,089 | 2,835 | 5,235 |
4 | 2014 | 102,318 | 3,000 | 5,735 |
5 | 2015 | 106,063 | 3,565 | 6,803 |
6 | 2016 | 121,414 | 3,590 | 6,766 |
7 | 2017 | 127,120 | 3,839 | 7,034 |
8 | 2018 | 129,662 | 4,041 | 7,060 |
9 | 2019 | 149,724 | 4,633 | 7,976 |
10 | 2020 | 127,116 | 3,787 | 6,189 |
The relationship between advertised job advertisement and GDP Sarawak can be transformed into equation below:
As shown in table above, the P-values of the independent variable is 0.0006 (significant if < 0.05) and correlation coefficient value is 16.905. It shows that numbers of advertised job advertisement in JobStock® significantly positive impact gross domestic product (GDP) of Sarawak and the increment in numbers of advertised job advertisement in JobStock® will increase GDP Sarawak as much as 16.905 times.
The relationship between numbers of advertised job positions and GDP Sarawak can be transformed into equation below:
As shown in table above, the P-values of the independent variable is 0.0015 (significant if < 0.05) and correlation coefficient value is 11.228. It shows that numbers of advertised job advertisement in JobStock® significantly positive impact gross domestic product (GDP) of Sarawak and the increment in numbers of advertised job advertisement in JobStock® will increase GDP Sarawak as much as 11.228 times.