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(Marketwatch)   The numbers are now in, and U.S. productivity fell in the 4Q. Apparently workers' output tends to go down as their eggnog consumption goes up   ( marketwatch.com) divider line
    More: Followup, Dow Jones Industrial Average, productivity, productivity growth, Inflation, straight annual decline, unusually strong gain, Jones Industrial Average, productivity numbers  
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376 clicks; posted to Business » on 04 Feb 2018 at 3:53 PM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



8 Comments     (+0 »)
 
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2018-02-04 12:44:27 PM  
I looked at the picture and recognized what they're making.
 
2018-02-04 04:27:54 PM  
+Of all the common economic indicators, productivity is probably the least reliable. It could be another year before we get anything solid
-Poor productivity, combined with inflationary pressures, is BAD FARKING NEWS
 
2018-02-04 05:07:41 PM  
To be fair, their production changes to a more organic nature if they're lactose intolerant or the egg nog is contaminated.
 
2018-02-04 07:44:18 PM  

Fabric_Man: +Of all the common economic indicators, productivity is probably the least reliable. It could be another year before we get anything solid
-Poor productivity, combined with inflationary pressures, is BAD FARKING NEWS


It seems to me perfectly logical that we're seeing more hiring and wage/salary increases one day, and finding out about lower productivity the next.

Productivity certainly doesn't help workers if they have no leverage.

Also, I think it needs to be remembered that one person's productivity is not necessarily another's, or the economy's. For instance, I worked for a company that provided outsourced services. The US employees took pride in doing good work as quickly as possible, honestly. That meant that they didn't bill all of their hours in a day. Over time, the US employees are being replaced with offshore workers, who are literally ten times less effective, but they also are much cheaper and they bill every minute of their time, because they have no scruples about that. Why should they, as they aren't being paid for ethics? So that is a major increase in productivity for their employer, but not for the customer.
 
2018-02-04 08:47:52 PM  
People are so worried about the Trump shiateshow that worker productivity is down.
 
2018-02-04 10:55:00 PM  
Too much ha ha, pretty soon boo hoo.
 
2018-02-05 03:52:02 AM  

jso2897: Too much ha ha, pretty soon boo hoo.


Then comes the glug, glug
 
2018-02-05 08:26:00 PM  
Productivity always goes down when companies go on hiring sprees.  Normal.  Productivity lags by two quarters from the start of hiring.

Nothing to see here.
 
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