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The BLS (here) says "Labor productivity is defined as real output per labor hour". Increasing productivity is good, and it's happening.
1 posted on 03/22/2016 4:20:33 AM PDT by expat_panama
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To: expat_panama

http://www.bls.gov/opub/btn/volume-3/what-can-labor-productivity-tell-us-about-the-us-economy.htm


2 posted on 03/22/2016 4:20:58 AM PDT by expat_panama
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To: expat_panama

Donald Trump will bring back American jobs.

To America.

That is what matters.


3 posted on 03/22/2016 4:30:25 AM PDT by cba123
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To: expat_panama

The article states that we still aren’t back to where we were in 2007... the year a Democrat congress took over, in preparation for 8 years of Democrat president/RINO congress.

I’m hoping to see a recovery soon after the next election.


4 posted on 03/22/2016 4:31:11 AM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: expat_panama

Some factors resulting in increased productivity per labor hour:

1) Advances in information technology have eliminated many hourly clerical, data collection, and reporting jobs. Today equipment does the work.

2) The implementation of lean manufacturing and just in time manufacturing has eliminated labor input to many manufacturing processes. Efficiently work flows, many with robots, require fewer humans to intervene in the movement of raw materials and finished goods through the facility.

3) Many hourly administrative jobs are performed by exempt managers. Managers type and send their own emails instead of dictating memos and letter to a typist or secretary. Managers create their own reporting and their own analyses of data instead of handing the work off to clerics or lower level managers. Data stored digitally can be retrieved instantly - no need for clerks to manually file and retrieve data.

4) Exempt employees are not paid overtime. Many administrative jobs in factories have been reclassified from hourly to non-exempt lower level management. Often these employees are working 60 hour weeks while being paid for 40 hours. In most of the companies I worked for, there was no such thing as exempt employees working a 8 hour day/40 hour week. Everyone in management worked 50-60 hours and many worked more, carrying home briefcases full of work to be done at home at night or on weekends.


8 posted on 03/22/2016 5:01:46 AM PDT by Soul of the South (Tomorrow is gone. Today will be what we make of it.)
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