12/09/2024  Indonesia's dwindling middle class seen dimming economic outlook

Business


Rahmat Hidayat lost his job when the shoe factory he worked for closed down last year in the industrial town of Karawang in Indonesia's West Java.

The 44-year-old now earns less than half of what he used to make by selling grilled meatballs. Unable to afford his wife's diabetes medication, Rahmat picks herbs to make a tonic instead.
Like Rahmat, millions of working to middle class Indonesians have become poorer, largely due to an increase in layoffs and a drop in the number of job opportunities since the pandemic.



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