To the rest of the world, feel free to shut up now, thanks in advance. The average U.S. worker produces $63,885 of wealth per year, more than their counterparts in all other countries, the International Labor Organization said in its report. Ireland comes in second at $55,986, followed by Luxembourg at $55,641, Belgium at $55,235 and France at $54,609. The productivity figure is found by dividing the country's gross domestic product by the number of people employed. The U.N. report is based on 2006 figures for many countries, or the most recent available. Only part of the U.S. productivity growth, which has outpaced that of many other developed economies, can be explained by the longer hours Americans are putting in, the ILO said. The U.S., according to the report, also beats all 27 nations in the European Union, Japan and Switzerland in the amount of wealth created per hour of work -- a second key measure of productivity.
Politics - 9 Answers
Random Answers, Critics, Comments, Opinions :
1 :
America was built by hard work. We have the best work ethic in the world and we are the greatest nation in the history of this planet.
2 :
good info.
3 :
hip hip hurray. just ask the lazy bastards that mooch of the big 3 and make 30 bucks an hour. Give me a break. The welfare state is over! Union is dead! Hip hip hurray. Now GM can gain its ground and become again the biggest and best!
4 :
America has always been in the top 10 countries and has a very strong economy. Unfortunately the goods that come out of America are cheaply and badly made, but since the Dollar is so weak they cost a lot less than if produced else where.
5 :
Per hour work we were beat by Norway. Whats funny though is that this report came out at the same time as the report that more people are having to work multiple jobs, more families are having to have multiple FT incomes, and basically we're having to work harder and harder just to stay in the same place. Great to know that even with all our great productivity we cant collectively get the country advanced, only the top is seeming to advance while everyone's workload is increasing
6 :
Congress will take credit for it and give themselves another raise
7 :
Great! The worker productivity, as you might know, is measured by the value added per worker. This figure shows the US still sells high priced goods and services. I'm not sure what you mean by "even the UN can see". I suppose you're saying they usually produce faulty reports which are biased against the US. Lets see...those must be the ones that come to negative conclusions about some aspect of the US; this report is obviously accurate since the US is #1 on one of its charts...hmm...
8 :
What's the question? I'm sorry. I didn't realize Yahoo Answers meant you were just going to "teach" all of us by posting your thoughts directly to the screen.
9 :
What does it matter what the UN thinks? Bush has destroyed all credibility the US has had in the world.
