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The basic math in this article seems questionable. If Americans worked an extra 1.9% and output was up 1.9% then that doesn't mean productivity was flat, becaus
by Alex3917 11y ago
The basic math in this article seems questionable. If Americans worked an extra 1.9% and output was up 1.9% then that doesn't mean productivity was flat, because the marginal labor is unequal.
- nobody_nowhere 11y agoAmen. Further, I think there's a lot of evidence of actual "productivity" concentrating in fewer and fewer workers as the labor force continues to segment into high-productivity knowledge and low-productivity service jobs.