Dooster

Task Management Made Simple

  • Home
  • Features
  • Commentary
  • News
  • Learn More About Dooster
  • Facebook
  • Twitter
  • YouTube
  • Google+
Maybe We’ve Been Thinking About the Productivity Slump All Wrong – New York Times

Maybe We’ve Been Thinking About the Productivity Slump All Wrong – New York Times

August 7, 2017 By Robert M Leave a Comment

Gross Domestic Product numbers and incomes are down, both mirroring poor American productivity growth, declining now for two decades. Yet, though the numbers don’t lie, how to read them remains intriguing.

It’s true that arguably, productivity can be seen as child to innovation, bolstered by management techniques and a willing and adequate supply of workers. By this view, productivity chart numbers could be forgiven for revealing a somewhat staccato pattern, as neither innovations, great workers, or superlative managers come around in regular, foreseeable increments.

Newer thinking, however, asserts productivity might be viewed as less an effector of economy than as an aspect intrinsically tied to it. What if evidence of a lack of available jobs, quenching the demand for the very goods and services productivity is responsible for, is at the true root of perceived poor productivity? It’s a chicken first, or egg first, question. And likely to engender debate for a long time.

Key Takeaways:

  • Critics are taking another look at American businesses lately. They think these businesses aren’t increasing worker productivity.
  • Worker productivity increased by 0.8% on recent news. That is the lowest growth rate in years as per the industry.
  • That trend could have its own implications across the economy. People will note slower GDP growth and bad economic news.

“Instead of worrying so much about robots taking away jobs, maybe we should worry more about wages being too low for the robots to even get the chance.”

Read more: https://www.nytimes.com/2017/07/25/upshot/maybe-weve-been-thinking-about-the-productivity-slump-all-wrong.html

(abstract 3J9L0X0VDGN10E32SBDYPJU5SJC9W0 3ZR9AIQJUCA9I2UZ8BTNQ065QDN40B A1X84CLJ7N1PLZ)(authorquote 3ZC62PVYDIB6QAQQ5WFY75UU8PCXX5 3QAPZX2QN5EZFOFC4XAZXL976ZU20G A3Q3YVQONIKZPY)(keypoints 30P8I9JKOJM5K21LZBVLR16PZF25V8 3SBEHTYCWO40N4PZ1860CTA878LIYN A1CTJ8UT7SF317)

Related posts:

  1. New York City capital project management under fire – Bond Buyer
  2. More news on US productivity growth! More bad news on US productivity growth! – American Enterprise Institute
  3. 2016 in Review: The Year’s Best Apps – The New York Times – New York Times
  4. How to Make the Most of Your Workday – New York Times

Filed Under: Commentary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Learn More

Popular Posts

What People Want From Their Project Management Apps In 2017 – Forbes

What People Want From Their Project Management Apps In 2017 – Forbes

When dealing with all the project management tools and all the niches along … [Read More...]

DOES MONEY BUY HAPPINESS? – Daily Mail

DOES MONEY BUY HAPPINESS? – Daily Mail

Many feel money can't buy happiness and that you'll be just as miserable if … [Read More...]

Top 10 Tips for Planning a Healthy Meeting – Successful Meetings

Top 10 Tips for Planning a Healthy Meeting – Successful Meetings

Planning a good meeting is important because it can bring you success at … [Read More...]

About · Contact Us · Learn More
Copyright © 2023 · DOOSTER.NET