Comparing 50 years of labor productivity in U.S. and foreign manufacturing; although manufacturing labor productivity increased less in the United States than in other G-7 countries over the last 50 years, the growth rate has accelerated in the United States after 1973, while slowing down in the other countries. (International comparisons).(Statistical Data Included)
From: Monthly Labor Review
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Date: 6/1/2002
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Author: Cobet, Aaron E.; Wilson, Gregory A.
Labor productivity in manufacturing has been a topic of interest throughout recent decades. Research was directed at different issues at different times, depending on economic developments. For example, after 1973, discussion focused on whether there was a historical slowdown in productivity growth in the industrialized countries. (1) Currently, an issue has focused on whether and how the introduction of information technology is affecting manufacturing productivity. (2) In addition, ...
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