5 ms·
GDP/hour of labor is a really interesting metric. For the US it is about $75/hour.
by HyperSane 4y ago
GDP/hour of labor is a really interesting metric. For the US it is about $75/hour.
- M95D 4y agoRomania has the second highest GDP/h in EU. Why? Because of undeclared employment / illegal work.
- jocaal 4y agoI am guessing you mean GDP/capita-hour, if it was only gdp/hour that would imply Romania is the second largest economy in Europe
- HyperSane 4y agoSorry, I meant GDP/hour-of-labor.
- jocaal 4y agoOr actually in that context it makes sense, I apologise
- trifurcate 4y agoIs that really true? https://data.oecd.org/lprdty/gdp-per-hour-worked.htm https://data.oecd.org/lprdty/gdp-per-hour-worked.htm , set the base to US dollars instead of 2015 normalized. Most EU countries and the EU average of $54.20/hour seems to be above Romania's figure of $38/hour.