Workforce Population Age Group
The population of the workforce is made up of people between the ages of 15 and 59. The workforce population represents the share of the total population that is of working age. According to the number of persons in a specific age group, the working-age population is the complete population in a given area that is considered capable and eager to succeed.
The overall population in a region deemed able and likely to work based on the number of individuals in a predetermined age range is the working-age population. This figure represents the total number of qualified workers in a particular economy, nation, or territory. The population of a nation is generally grouped into three broad categories:
- Children (usually younger than 15 years old): They need to be given food, clothes, education, and medical care because they are economically unproductive.
- Age at Work (15 - 59 Years): They are both physiologically and commercially productive. They are those who are employed.
- Aged (over 59 years): Even though they may be retired, they can still be economically active. They might be volunteering their time but are not open to being hired.