"Paul Hovnanian P.E." wrote:
Jim Thompson wrote:
http://news.bbc.co.uk/2/hi/business/6976084.stm
A couple of problems with this sort of statistic. First:
"The ILO productivity figure is found by dividing a country's total
output in a year by the number of people employed."
I notice it doesn't factor in the hours worked. These are much higher in the USA
than in Europe.
I've always though productivity should be measured per man-hour.
Graham