Workforce

The workforce refers to the pool of people who are available for work within an economy and who participate in the labor market. In statistical terms, the labor force typically includes both those who are employed and those who are unemployed but actively seeking work. The defined age range for the workforce varies by country, commonly around 15–64 or 16–74 years.

Labor market indicators used to assess the workforce include the labor force participation rate, the unemployment rate, the employment-to-population ratio, and hours worked. These metrics help describe how many people are working, how many are looking for work, and how actively the economy is producing goods and services.

The composition and dynamics of the workforce are shaped by demographics, education, and skills. Trends such as aging populations, increasing educational attainment, immigration, and shifting sectoral demand influence who participates and in what capacity. Technological change, automation, and the growth of the service economy alter the demand for different skill sets, while work arrangements increasingly include remote, part-time, and gig-based models.

Policy and development efforts focus on workforce growth and resilience. This includes education and training, vocational programs, apprenticeships, and lifelong learning to align skills with labor market needs. Labor market reforms, effective social protection, and supportive infrastructures can raise participation and productivity.

Global trends affect the workforce as well. Globalization, outsourcing, and digital platforms shape opportunities and competition, while events such as pandemics can influence participation, flexibility, and the distribution of employment across regions and sectors.