The Productivity Paradox
In past recessions, productivity tended to sag as workers and facilities became under-utilized. But, the current recession has actually produced a rapid rise in productivity. Why is this happening? What are the implications? What will this mean for you? Keep listening to find out.
The Bureau of Labor Statistics recently reported that "nonfarm business sector labor productivity increased at a 6.6 percent annualized rate during the second quarter of 2009."1This content is for TRENDS SUBSCRIPTION members only.