ECONOMY

The production of goods and services are meant for human consumption but human resource or capital forms part of the factors of production. Information on the characteristics of the population as well as the proportion of the economically active and economically not active persons in the total population can inform policies and programmes on economic activities, occupation, industry and employment. This chapter presents results on the activity status, size and structure of the labour force, and its distribution by occupation, industry, sector of employment and employment status as well as information on the economically not active population in the Akatsi North District.


 Economic Activity Status

Table 4.1 presents results on persons aged 15 years and older who engaged in any economic activity for pay (cash or kind) or profit or family gain during the seven days preceding census night. From the table, three-quarters (75.5%) of the total population aged 15 years and older is economically active while 24.5 percent are economically not active. Among the economically active population, 98.4 percent are employed while 1.6 percent are unemployed. More than half (52.7%) of the economically not active population are in full time education, 17.5 percent are either too old or too young to work and 14.7 percent perform home duties. Not much difference is observed between sexes except that whereas males (65.0%) are more likely than females (43.1%) to be in full time education, females (18.3%) are likely than males (10.0%) to be engaged in home duties.


Table 4.2 presents information on the economic activity status of the population 15 years and older by age and sex. The proportion of the economically not active population for the 15-19 age group is the highest (65.4%) and declines with increasing age up to age 44 years. The proportions then increase to a high of 34.6 percent for the 65 years and older age group. The reverse is the case for the employed population. The proportions of the unemployed population generally decline with increasing age.

 

Date Created : 11/17/2017 5:22:17 AM