Assessment of the Influence of Human Development Index and Unemployment Rate on Economic Expansion
Keywords:
Human Development Index (HDI), Unemployment Rate, Economic ExpansionAbstract
This study aims to assess the effect of the Human Development Index (HDI) and unemployment rate on economic expansion. Using macroeconomic data and HDI indicators from various countries, this study applies regression analysis methods to identify the relationship between HDI, unemployment rate, and economic growth. The results showed that high HDI levels tend to be positively correlated with higher economic growth, while low unemployment rates also contribute to steady economic expansion. Policy implications include the importance of investment in human development and unemployment reduction strategies to support sustainable economic growth.