Economy, asked by Maddy3713, 1 year ago

Why are children and old age (above 60 years) are not considered for computation of workforce?

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Answered by AritraRoy6543
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The Journal of the Economics of Ageing

Volume 5, April 2015, Pages 86-97



Full Length Article

Production activities and economic dependency by age and gender in Europe: A cross-country comparison

Author links open overlay panelBernhardHammera1AlexiaPrskawetzabIngaFreunda

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https://doi.org/10.1016/j.jeoa.2014.09.007Get rights and content

Open Access funded by Austrian Science Fund (FWF)

Under a Creative Commons license

open access

Abstract

We compare selected European countries using an economic dependency ratio which emphasizes the role of age-specific levels of production and consumption. Our analysis reveals large differences in the age- and gender-specific level and type of production activities across selected European countries and identifies possible strategies to adjust age-specific economic behaviour to an ageing population. The cross-country differences in economic dependency of children and elderly persons are largely determined by the age at which people enter, respectively exit, the labour market. The ability of the working age population to support children and elderly persons in turn is strongly influenced by the participation of women in paid work. We also provide a measure for the age-specific production and consumption in form of unpaid household work. The inclusion of unpaid household work leads to a decrease of the gender differences in production activities and indicates that the working age population supports children and elderly persons not only through monetary transfers but also through services produced by unpaid work (e.g. childcare, cooking, cleaning…). Given the available data, we cannot distinguish the age profile of consumption by gender and have to assume – in case of unpaid work - that each member of the household consumes the same. Hence, our results have to be regarded as a first approximation only. Our paper aims to argue that a reform of the welfare system needs to take into account not only public transfers but also private transfers, in particular the transfers in form of goods and services produced through unpaid household work.

Everyone must have seen children doing work in restuarants,hotels.etc.
But people don't feel it nesscessary that old people are bit weak than the kids and adults.
So the government is trying to solve this problem.
So,soon it will be a earth without any child labour and torture.
Please mark it as brainliest answer

Answered by Agastya0606
6

Children and old age (above 60 years) are not considered for computation of workforce because :-

1) Children belongs to the age group of 6-15years, and the old age group ranges above 60 years.

2) Individual of these age groups are not physically fit for any kind of laborious work.

3) Workforce is computed by the number of actively employed workers by the sum of population of working age group.

4) Children and old age people are not only physically unfit but also mentally incapable of delivering perfect work.

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