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#1
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No, actually, *you* are wrong. Productivity is a measure of total man-hours
needed to produce a product. If someone can build 2 widgets per hour (ie--1/2 man-hour per widget), you don't get increased productivity numbers by working that guy 50 hours per week, rather than 40 hours. You increase productivity by figuring out a way to get that guy to build 3 widgets per hour (1/3 man-hour per widget). Didn't you ever take a business class? "jps" wrote in message ... "Jim" wrote in message news:Yrb6b.368926$YN5.247563@sccrnsc01... Exactly! Companies do not like to lay off workers. They want to make sure that these are not little farts in the economy they are seeing before they hire more workers....the last thing they want is to have to lay them off because they misread the indicators. That is why productivity is up. WRONG! The reason productivity is up is because people are working longer hours and taking fewer holidays in an attempt to keep their jobs and livelyhoods. |
#2
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"NOYB" wrote in message
m... No, actually, *you* are wrong. Productivity is a measure of total man-hours needed to produce a product. If someone can build 2 widgets per hour (ie--1/2 man-hour per widget), you don't get increased productivity numbers by working that guy 50 hours per week, rather than 40 hours. You increase productivity by figuring out a way to get that guy to build 3 widgets per hour (1/3 man-hour per widget). Didn't you ever take a business class? And do you know for certain that your sources are measuring productivity in this manner? Perhaps in academia but not in the commercial markets. Just because it's how we were taught to think of defining productivity in school, that doesn't mean it's the measure being used. 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. |
#3
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![]() "jps" wrote in message ... "NOYB" wrote in message m... No, actually, *you* are wrong. Productivity is a measure of total man-hours needed to produce a product. If someone can build 2 widgets per hour (ie--1/2 man-hour per widget), you don't get increased productivity numbers by working that guy 50 hours per week, rather than 40 hours. You increase productivity by figuring out a way to get that guy to build 3 widgets per hour (1/3 man-hour per widget). Didn't you ever take a business class? And do you know for certain that your sources are measuring productivity in this manner? My sources? My source is the BLS: "The Bureau of Labor Statistics of the U.S. Department of Labor reported preliminary productivity data--as measured by output per hour of all persons" ftp://ftp.bls.gov/pub/news.release/H....08072003.news Perhaps in academia but not in the commercial markets. Just because it's how we were taught to think of defining productivity in school, that doesn't mean it's the measure being used. You really are being pretty obtuse. The statistics are from BLS...and there own website tells you that they define productivity as "output per hour". I've heard our increased productivity is indeed due to longer hours and reduced time off. Longer hours won't change "output per hour". I'd like to see your sources and what measures they're really using. Go to the www.bls.gov website! |
#4
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![]() "NOYB" wrote in message m... "jps" wrote in message ... "NOYB" wrote in message m... No, actually, *you* are wrong. Productivity is a measure of total man-hours needed to produce a product. If someone can build 2 widgets per hour (ie--1/2 man-hour per widget), you don't get increased productivity numbers by working that guy 50 hours per week, rather than 40 hours. You increase productivity by figuring out a way to get that guy to build 3 widgets per hour (1/3 man-hour per widget). Didn't you ever take a business class? And do you know for certain that your sources are measuring productivity in this manner? My sources? My source is the BLS: "The Bureau of Labor Statistics of the U.S. Department of Labor reported preliminary productivity data--as measured by output per hour of all persons" ftp://ftp.bls.gov/pub/news.release/H....08072003.news Perhaps in academia but not in the commercial markets. Just because it's how we were taught to think of defining productivity in school, that doesn't mean it's the measure being used. You really are being pretty obtuse. The statistics are from BLS...and there own website tells you that they define productivity as "output per hour". I've heard our increased productivity is indeed due to longer hours and reduced time off. Longer hours won't change "output per hour". I'd like to see your sources and what measures they're really using. Go to the www.bls.gov website! The figures easily available to calculate these figures are number of payroll hours and number (& dollar values) of units produced. What is *not* easily visible is the amount of labor outsourced by buying parts with a higher overseas labor content. It is hard *not* to buy these sub-assemblies from an offshore source. We are buying some of the finished sub-assemblies for less than we can buy the raw materials for - before we add labor. At least my company redeployed the workers instead of laying them off; many workers have not been so fortunate. If you look at our company from the outside, we have the same number of workers, but now we produce more finished goods. This makes domestic labor look more productive - but it is not. It would take a *lot* more digging to determine how much each individual worker actually produced. Mark Browne |
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