What percentage of the US population is working age?

64.8%
The working age population in the U.S. is 214,779,134. 64.8% of the U.S. population is of working age as defined by the OECD (15-64), and with a 2020 national population of 331,449,281, we’re left with a working age population of approximately 214.8 million.

What age group the working population falls?

15-59 years
Working population includes those persons who fall in the age group of 15-59 years.

How many people that are working age live in the US?

The 2019 American Community Survey estimated about 113.9 million full-time, year-round civilian workers 16+ years in the U.S. and median earnings were $49,898.

Why is the working age population declining?

COVID-19 contributed, killing 200,000 people in that age range, but that’s a small slice of the 1.8 million reduction. Some of the other reductions are possibly due to out-migration during the pandemic. But with regard to the shrinkage in the pool from which we could pull a workforce, the main reason is demographics.

What age group is working the most?

This statistic displays the employment rate by age in the United States. In 2020, the employment rate of the workforce of 55 years and older decreased to 36.4 percent. Employment rate among young adults (age 16-24) was at 45.9 percent in 2020.

What percentage of the US workforce is under 30?

6%
At the end of fiscal 2018, employees under 30 represented about 6% of the federal workforce while they constituted nearly 24% of the employed U.S. labor force in 2018.

What is the importance of working-age population?

growing working-age population provides opportunities for economic growth while at the same time creating challenges for job creation and integration of new labour market entrants.

What percentage of millennials are working?

66% of millennials are employed full-time. 35% of the US workforce are millennials. Millennials will represent 75% of the global workforce by 2025. Just 57% of millennials are satisfied with their pay.

Which country has highest working-age population?

India
Representative Image. India is estimated to have the largest working-age population in the world by 2100, followed by Nigeria, China, and the USA, said a study published in medical journal Lancet recently.

Which country has the highest working population?

China
List of countries by labour force

Rank Country/Region Labour force
— World 3,382,000,000
1 China 778,700,553
2 India 521,900,000
— European Union 238,900,000

Is America’s workforce aging?

The labor force participation rate for people age 16 and older is projected to decline, from 61.7 percent in 2020 to 60.4 percent in 2030. The labor force participation rate for people ages 16 to 24 is projected to decline from 53.9 percent in 2020 to 49.6 percent in 2030.