Workers refer to individuals who are employed and actively involved in producing goods and services for economic output. They contribute their skills, labor, and time towards generating income for themselves and contributing to economic growth.
Related terms
Labor Force: The total number of individuals who are employed or actively seeking employment.
Human Capital: The skills, knowledge, and experience possessed by workers that contribute to their productivity and earning potential.
Unemployment Rate: The percentage of people in the labor force who are without jobs and actively seeking employment.