Would be a shame if they were payed more if the labour productivity goes up. It's not like they make you more money that you could distribute amongst them to strengthen moral and create loyalty. But hey while I make a dime the boss makes a dollar etc.
I wish shadowstats would measure this but the data may not be available. It's GDP divided by the number of people employed. The unemployed are irrelevant to the figure. It's an interesting figure, along with the number employed/population that would tell us where we stand.
wouldnt it make more sense to show the formulas first then calculations?
Well explained
Would be a shame if they were payed more if the labour productivity goes up. It's not like they make you more money that you could distribute amongst them to strengthen moral and create loyalty.
But hey while I make a dime the boss makes a dollar etc.
Simply described!
Glad you think so!
I wish shadowstats would measure this but the data may not be available. It's GDP divided by the number of people employed. The unemployed are irrelevant to the figure. It's an interesting figure, along with the number employed/population that would tell us where we stand.
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