What Is an Employable Population?

What Is an Employable Population? thumbnail
An employable population is important for the progress of an economy.

Employment is very much a part of an economy as it allows services and goods to be produced and paid for by another working individual. Currency is exchanged back and forth between businesses, which helps drive progress for the economy. Without people working, there would be less currency to go around and lead to more lost jobs. For the economy to be successful, there needs to be an employable population to take on new jobs. There are many different factors that go into determining who is considered employable. There also is a difference in having the ability to become employed and choosing not to seek a job.

  1. Youth and New Workers

    • Some youth across the country take jobs to help pay for either family expenses or their own. This is a unique employable population as they typically do not have enough experience to take higher-paying jobs. School-schedule conflicts may arise, which means most of these workers are working on a part-time basis. New workers to the population -- those who are not in school and seeking their first job -- typically have a low amount of experience to contribute to a new job. The group as a whole is able to fill in many temporary and seasonal jobs on a regular basis. The U.S. Bureau of Labor Statistics estimates that of the population ages 16 to 19, 26 percent of the group was employed in 2010.

    Retirees

    • Some people who have worked many years and now are retirement age continue to work. The amount of work may not be as much as it might have been in the earlier parts of their working careers. However, a portion of this population is considered to be employable. This group of workers may be looking to be employed for benefits, or just to make extra money. Casual, temporary and teaching are a few of the job categories in which some retirees may choose to work. Of those who were age 65 years and older, 16 percent of that population was employed in 2010.

    Families

    • The dynamics of a family changes the way adults find work. Depending on how the family operates, this population may have one or two parents take on work outside of the home. This population may choose careers that fit around having a family or childcare. The section of the employable population stays in this group until family dynamics change, such as children leaving the home. According to data provided by the U.S. Bureau of Labor Statistics, when there were two parents in the home, 58 percent of these households had both parents working. Also, 30 percent of two-parent homes had a father employed and a mother that was unemployed. This is the population that has some experience that allows it to pursue higher-earning careers. One parent may need to stay at home. Some of these people still are employable by having a job that can be done from home.

    Non-employable Population

    • For every employable population, there is a non-employable population. This group is made of people who may be physically unable to perform regular work, either through disability or another type of restriction. Examples of some of the people in this group are those with a disability that prevents them from performing work, and those in prisons and jails. Each one of these smaller groups of people contributes to the larger sector of the non-employable population.

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