4 ms·
More production per worker - due to automation and other efficiency improvements.
by Stronico 6y ago
More production per worker - due to automation and other efficiency improvements.
- throwaway0a5e 6y ago>due to automation and other efficiency improvements. Which is due to OSHA, HR and other overhead increases. Which is due to...(I dunno but probably some sort of economic surplus)
- NoImmatureAdHom 6y agoSo the deal is basically that we're producing more goods than ever, even as % of GDP, but the proportion of our labor force that's involved in that production has cratered. Got it, thanks!