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adverbly | 1 month ago

economic productivity is absolutely not nebulous. Its a measure of GDP per hour worked.

https://ourworldindata.org/grapher/labor-productivity-per-ho...

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mr_toad|1 month ago

And in a business you can easily measure total profit and divide by total hours worked.

When you try and break it down to various products and cost centers is where it comes unstuck. It’s hard to impossible to measure the productivity of various teams contributing to one product, let alone a range of different products.