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Turning around the productivity slowdown


Turning around the productivity slowdown - McKinsey & Company

The past two quarters have produced dismal productivity numbers—in fact, the largest two-quarter declines since the 1940s. Productivity can ...

Bernhard Kotanko on LinkedIn: Turning around the productivity ...

Following a pandemic-induced spike, productivity in the United States economy has seen the largest two-quarter decline since the 1940s.

World Must Prioritize Productivity Reforms to Revive Medium-Term ...

The key drivers of economic growth include labor, capital, and how efficiently these two resources are used, a concept known as total factor ...

Will Productivity turn global growth around? | Amundi Research Center

Economists typically cite the sizeable and broad-based slowdown in Total Factor Productivity Growth (TFP) which measures how efficiently labour ...

The U.S. productivity slowdown: an economy-wide and industry ...

The slow growth observed since 2010 has been even more striking: labor productivity grew just 0.8 percent from 2010 to 2018. As the slowdown in labor ...

The Global Productivity Slowdown: Diagnosis, Causes and Remedies

This paper addresses the long-term slowdown in labour productivity for a panel of 25 countries. First, we look at productivity shifts and trends.

The Productivity Slowdown- Exploring A Role For Demand

If productivity had continued on its pre-crisis trend, the economy would be around $1.7 trillion dollars larger today, or roughly $5000 ...

The broad-based productivity slowdown, in seven charts

There has been a broad-based slowdown in labor productivity growth since the 2007-09 global financial crisis that is likely to be compounded ...

Why Is Productivity Stuck in Neutral? - Chicago Booth

According to the Conference Board, productivity has barely budged since 2007, was flat in 2014 and 2015, and fell last year. We asked professor Chad Syverson, ...

The Mysterious Slowdown in U.S. Manufacturing Productivity

A productivity slowdown appears to be common across the U.S., with even the fastest-growing industries and the largest firms experiencing ...

Rekindling US productivity growth for a new era | McKinsey

An additional four sectors representing 31 percent of the US economy are slowing: manufacturing, real estate, utilities, and management of ...

Why is US productivity growth so slow? Possible explanations and ...

Weakness in capital formation has contributed substantially to slow growth in labor productivity. Two policies to increase the rate of investment are: first, ...

Why has productivity slowed down? | Oxford Martin School

'The reversal of the decade-long productivity slowdown remains one of the most challenging tasks that governments around the world are trying to ...

The Productivity Slowdown Reaffirmed - Liberty Street Economics

It also turns out that there are two other series—real labor compensation and consumption (relative to total hours of work)—whose trend growth ...

Sustained Economic Growth Hinges on Productivity Gains as ...

Declining dynamism in the world's largest economy threatens to reverberate around the globe. Greater immigration to offset a shrinking workforce ...

The productivity slowdown is even more puzzling than you think

The growth in labour productivity – real output per hour worked – in the US slowed markedly around 2004. During the previous ten years ...

A Practitioner's Perspective on the Productivity Slowdown

In addition, the dispersion of productivity within industries has increased. When we talk to firms at the frontier, productivity gains seem ...

The Slowdown in Productivity Growth and Policies That Can Restore It

for the slowdown in productivity growth before turning to potential policy solutions. ... that those ebbs and flows of activity take place around a trend driven ...

The Productivity Slowdown in Advanced Economies: Common ...

The timing of a turning point around the Great Recession is also different. The U.S. peaked in 2006 whereas France, Germany and the UK peaked only in. 2007 ...

The productivity slowdown, inflation and austerity - Social Europe

Greater wage-cost pressure will favour a turn to a more productivity-driven (and less labour-intensive) growth model, as in Germany before 2005, ...