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JohnH
 
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Default Great Economic News: Recession is Over!

On Sat, 6 Sep 2003 20:59:52 -0700, "jps" wrote:

"del cecchi" wrote in message
...

I've heard our increased productivity is indeed due to longer hours

and
reduced time off.

I'd like to see your sources and what measures they're really using.


two minutes on google turned up the Federal Reserve Bank of NY
discussing productivity in terms of output per hour.

So whoever you heard the contrary from had a lying political agenda.


I understand your perspective, but, if workers are putting in extra hours
without additional pay, and output on an hourly basis didn't change because
of the extra hours, that'd also show up as "productivity" increases.

Right or wrong?

jps

And I used to think lead was dense. Jipsy, in your example, will the output per
hour change? No? Then the productivity did not increase. The production
increased.

John
On the 'Poco Loco' out of Deale, MD