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[–] 28 points 2 months ago (7 children)

What are the units for productivity? 🤔

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  • [–] 5 points 2 months ago (2 children)

    "Percent change" according to the axis label. "Hourly compensation" is also in units of "percent change" which also kind of reeks.

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  • [–] 2 points 2 months ago* (2 children)

    From the link in the image:

    Notes: [...] “Net productivity” is the growth of output of goods and services less depreciation per hour worked.

    [...]

    What is productivity, and why did pay and productivity once climb together?: Productivity measures how much income is generated (for workers, business owners, landlords, and everyone else together) in an average hour of work in the economy. [...]

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