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>the amount of labor being generated per person has not really changed im not really understanding what you mean. i dont get how labor is generated, in particu
by guptadagger 3mo ago
>the amount of labor being generated per person has not really changed
im not really understanding what you mean. i dont get how labor is generated, in particular. do you mean to say the amount of total hours dedicated to labor per person or something else?
- gruez 3mo agoProbably to referring to hours worked, eg. https://fred.stlouisfed.org/series/AWHAETP https://fred.stlouisfed.org/series/AWHAETP
- rsalus 3mo agono, he's almost certainly referring to labor productivity. https://fred.stlouisfed.org/series/OPHNFB https://fred.stlouisfed.org/series/OPHNFB
- rsalus 3mo agohe's referring to labor productivity, e.g., the economic value produced per unit of labor input. it also _has_ changed significantly, as seen here: https://fred.stlouisfed.org/series/OPHNFB https://fred.stlouisfed.org/series/OPHNFB however, unit labor costs has also been increasing (although they remain variable): https://www.bls.gov/opub/ted/2026/productivity-up-0-3-percent-in-first-quarter-2026.htm https://www.bls.gov/opub/ted/2026/productivity-up-0-3-percen...