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It looks like the BLS measures productivity as the dollar value of goods and services produced over the hours used to produce them. Not much detail on those th
by gervase 9y ago
It looks like the BLS measures productivity as the dollar value of goods and services produced over the hours used to produce them.
Not much detail on those the dollar value is calculated, though.
Edit: I found a (somewhat patronizing) slideshow designed for K-12 students: https://www.bls.gov/k12/productivity-101 https://www.bls.gov/k12/productivity-101