Thesis ini bertujuan untuk menganalisis dampak dari trade openness terhadap kinerja pasar tenaga kerja di Indonesia. Dalam studi ini, kinerja pasar tenaga kerja diindikasikan oleh tiga variabel berbeda yaitu: (1) labor underutilization; (2) full-unemployment; (3) time related-underemployment. Hasil empiris menunjukan bahwa peningkatan level dari trade openness secara signifikan akan menurunkan labor underutilization di Indonesia. Hal ini senada dengan dampak yang ditimbulkan kepada jumlah pengangguran terbuka yang berhubungan negatif dengan variabel independent tersebut. Namun demikian, penilitian ini juga menunjukan bahwa level dari trade openness berhubungan positif dengan underemployment. Artinya, peningkatan trade openness malah akan meningkatkan jumlah orang yang underemployment di Indonesia.

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The objective of this study is to analyze the impact of international trade activities especially trade openness to labor market performances in Indonesia. Here, labor market performance is indicated by three dependent variables: Labor underutilization; Full-unemployment; and Time-related underemployment. Empirical results show that level of trade openness is statistically significant influence labor underutilization and full-unemployment in Indonesia in negative relationship. However, for time-related underemployment, trade openness seems like having different direction. Over all, it can be concluded that though unemployment already becomes main indicator for labor market performance; it seems that this variable is less sensitive relative to underemployment and labor underutilization. Therefore, study using these last two variables would be potentially gives more reliable result.