Working-Age Population
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Definition of 'Working-Age Population'
The working-age population is the segment of the population that is considered to be in the prime working years. This is typically defined as those between the ages of 18 and 64. The working-age population is important because it is the group that is responsible for generating the majority of the economic output of a country.
The size of the working-age population is determined by a number of factors, including birth rates, death rates, and immigration. In general, countries with higher birth rates and lower death rates will have larger working-age populations. Immigration can also play a role, as immigrants often bring with them working-age skills and experience.
The working-age population is important for a number of reasons. First, it is the group that is responsible for generating the majority of the economic output of a country. Second, it is the group that is responsible for paying taxes. Third, it is the group that is responsible for raising the next generation of workers.
The size of the working-age population can have a significant impact on a country's economy. A larger working-age population means that there are more people available to work and generate economic output. This can lead to higher levels of economic growth. Conversely, a smaller working-age population can lead to lower levels of economic growth.
The working-age population is also important for a country's social security system. Social security systems are funded by taxes paid by workers. A larger working-age population means that there are more workers paying taxes, which can help to ensure the long-term sustainability of social security systems.
The working-age population is a key factor in the economic and social development of a country. The size of the working-age population, and the factors that influence it, are important considerations for policymakers.
The size of the working-age population is determined by a number of factors, including birth rates, death rates, and immigration. In general, countries with higher birth rates and lower death rates will have larger working-age populations. Immigration can also play a role, as immigrants often bring with them working-age skills and experience.
The working-age population is important for a number of reasons. First, it is the group that is responsible for generating the majority of the economic output of a country. Second, it is the group that is responsible for paying taxes. Third, it is the group that is responsible for raising the next generation of workers.
The size of the working-age population can have a significant impact on a country's economy. A larger working-age population means that there are more people available to work and generate economic output. This can lead to higher levels of economic growth. Conversely, a smaller working-age population can lead to lower levels of economic growth.
The working-age population is also important for a country's social security system. Social security systems are funded by taxes paid by workers. A larger working-age population means that there are more workers paying taxes, which can help to ensure the long-term sustainability of social security systems.
The working-age population is a key factor in the economic and social development of a country. The size of the working-age population, and the factors that influence it, are important considerations for policymakers.
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