Productivity

I don't want to be a killjoy, but ... by Andrew Fox

The graph above, too small to read, shows productivity in the OECD 2007 using GDP per hour worked.  Source OECD StatExtracts.  It shows we in the UK are 11th.

Wikipedia says labour productivity, is used by many as an indicator of economic growth and competitiveness.

The HBR says, “At its most basic, productivity is the amount of value produced divided by the amount of cost (or time) required to do so.”