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Working-age population refers to the total number of people in a region who are considered able and likely to work. The working-age population statistic is based...
In the Current Population Survey (CPS), age refers to age at last birthday, not age at nearest birthday. Unless otherwise specified, CPS estimates published by BLS include people age 16 and older. There is no upper age limit.
Working age population is the share of 15- to 64-year-olds in the total population.
Since 2010, there has been a sizable 34% increase in the 65-and-older population, a growth of approximately 13.8 million people. During this period, the median age (the age at which half the population is younger and half is older) also increased from 37.2 to 38.4 years.
Definition of Working-Age Population. The working-age population refers to the portion of the population that is considered to be of working age and is typically defined as individuals between the ages of 15 and 64 years old.
The working-age population is a central concept in labour statistics. Changes in the size of the working-age population can impact significantly the labour market and the economy.
A region’s working-age population, typically ranging from older teenagers to retirement age, signifies the total number of people able and likely to work. It’s a crucial factor in understanding workforce dynamics, with implications for employment, economic growth, and regional demographics.
The age data generally focus on people of working age, defined as 16 years and older. Data on race generally are for Blacks, Whites, and Asians. Many of our surveys also provide data on people of Hispanic or Latino ethnicity, who can be of any race.
The working age population is defined as those aged 15 to 64. This indicator measures the share of the working age population in total population.
The number of people in this age group is therefore defined as the working-age population. This can offer an indication of whether the need for workers (demand) in a country is in balance with the number of persons available for work (supply).