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ECONOMY

Introduction


The quality of life in society depends to a large extent on how that society harnesses, trains and equips its human resources to exploit and manage its stock of human and physical resources. Therefore an understanding of the structure and dynamics of the labour force is critical for the development of the district.In this chapter, information on the activity status, size and structure of the labour force and its distribution by occupation, industry, sector of employment and unemployment status have been analysed.

 

Economic Activities Status


The economically active population comprises all persons of either sex who provide the supply of labour during a specified time reference period, as employed or as unemployed, for the production of economic goods and services. The activity status of a person is determined over a short reference period such as a week (preferred option) usually indicating employed, unemployed or economically not-active during the reference period.

 

Population 15 years and older by activity status and sex


Of the population of 59,405 aged 15 years and older, 73.3 percent reported to be economically active with 26.7 being economically not active. Within the economically active population, 43,557 the data indicates that 96.3 percent are employed, 3.5 percent did not work but had jobs to go back to as compared to 3.7 percent who are unemployed. For the unemployed 26.8 percent had worked before and are seeking for work and are available for work, About73.3 percent are seeking for job for the first time. The table also shows that, out of the economically inactive population, 50 percent are in full time education and 23.9 percent did home duties.

 

The proportion of females (15.2%) is twice the male proportion (7%) for those too old/young to be for the economically active,The proportion of males who are economically active (74.3%) is slightly higher than that of females (72.4%). The proportion of the unemployed females (3.7%) is higher than that of their male counterparts (3.6%). It is worth noting that the employed population and the unemployed combine to form the economically active population of the district.

 

Population 15 years and older by sex, and activity status


Table 4.2 indicates that, the high proportions of the employed in the district are between the age group cohorts 40-54 with less economically not active persons. Age group 50-54 recorded the highest employed (94.2%) with the least unemployed (0.5%) and 5.3 percent economically not active population.The data also show that unemployment decreases with age. The age group 65 years and older (0.3%) have the lowest unemployed. There are more unemployed population in age group 20-24 (8.1%) and 25-29 (4.8%) respectively. The age group 20-24 (74.6%) recorded the highest the economically not active population. The patterns of employed, unemployed and the economically not active described above are virtually the same for the male and female population.

 

Occupation


Table 4.3 shows that a greater proportion (67.0%) of the employed population 15 years and older is engaged in skilled agricultural forestry and fishery, followed by 11.2 percent Service and sales workers. White-collar jobs (managers, professionals, technicians and associate professionals, clerical support workers and service and sales workers) representing 6.2 percent. The Table 4.3 indicate that females dominate in service and sales (17.9%) compared to males (3.8%). On the contrary, males (5.4%) substantially dominate in skilled agricultural forestry and fishery (70.4%) plant and machine operation assembly (4.8%) compared to females. A proportion of females (1.1%) are reported to be in managers occupations compared to their male counterparts (0.8%).

 

Industry


Table 4.4 shows that the dominant industrial activity in the district is Agriculture forestry and finishing (66.9%), followed by wholesale and retail; repair of motor vehicles and motorcycles (9.2%), mining and quarrying (8.1%), administrative and support service activity (0.1%) and arts entertainment (0.1%) the least respectively. A higher proportion of males (71.0 %) and females (63.1%) are into agriculture. Females dominate in manufacturing (9.5%) wholesale and retail industry (13.7%), accommodation and food service (5.7%) and 3.3 percent in other service activities. Real estate and Activities of extraterritorial organization and bodies do not exist in the district, and therefore do not employ any person.

 

Employment status


Figure 4.1 shows employed population 15 years and older by employment status and sex. As depicted in figure 4.1, nearly three-quarters (72.5%) of the working population in the district are self-employed followed by family workers (12.5%), employees (8.9%) with domestic employee (0.6%) the least.

 

Employment sector


Figure 4.2 shows employed population 15 years and older by employment sector and sex.In the Assin South District, the private sector is the largest employer that is the private formal and private informal employing 94.5 percent which is higher than the Regional average of 93.1 percent. The private informal accounts for 92.3 percent and private formal accounts 2.2 percent. The government sector employs5.1 percent making it the second largest employer in the district. The proportion of males in the public government sector is 7.4 percent and 3.1 percent for females. The proportion of males is 3.3 percent for the private formal private informal sector than males (88.8%).


Introduction


The quality of life in society depends to a large extent on how that society harnesses, trains and equips its human resources to exploit and manage its stock of human and physical resources. Therefore an understanding of the structure and dynamics of the labour force is critical for the development of the district.In this chapter, information on the activity status, size and structure of the labour force and its distribution by occupation, industry, sector of employment and unemployment status have been analysed.

 

Economic Activities Status


The economically active population comprises all persons of either sex who provide the supply of labour during a specified time reference period, as employed or as unemployed, for the production of economic goods and services. The activity status of a person is determined over a short reference period such as a week (preferred option) usually indicating employed, unemployed or economically not-active during the reference period.

 

Population 15 years and older by activity status and sex


Table 4.1 presents the population 15years and older by sex and activity status in the district. Of the population of 59,405 aged 15 years and older, 73.3 percent reported to be economically active with 26.7 being economically not active. Within the economically active population, 43,557 the data indicates that 96.3 percent are employed, 3.5 percent did not work but had jobs to go back to as compared to 3.7 percent who are unemployed. For the unemployed 26.8 percent had worked before and are seeking for work and are available for work, About73.3 percent are seeking for job for the first time.The table also shows that, out of the economically inactive population, 50 percent are in full time education and 23.9 percent did home duties.

 

The proportion of females (15.2%) is twice the male proportion (7%) for those too old/young to be for the economically active, The proportion of males who are economically active (74.3%) is slightly higher than that of females (72.4%). The proportion of the unemployed females (3.7%) is higher than that of their male counterparts (3.6%). It is worth noting that the employed population and the unemployed combine to form the economically active population of the district.

 

Population 15 years and older by sex, and activity status


Table 4.2 indicates that, the high proportions of the employed in the district are between the age group cohorts 40-54 with less economically not active persons. Age group 50-54 recorded the highest employed (94.2%) with the least unemployed (0.5%) and 5.3 percent economically not active population.The data also show that unemployment decreases with age. The age group 65 years and older (0.3%) have the lowest unemployed. There are more unemployed population in age group 20-24 (8.1%) and 25-29 (4.8%) respectively. The age group 20-24 (74.6%) recorded the highest the economically not active population. The patterns of employed, unemployed and the economically not active described above are virtually the same for the male and female population.

 



Date Created : 11/15/2017 3:01:39 AM