iopq, 4 months ago That’s how productivity growth is achieved, a smaller amount of workers do the same task. Or course, the created wealth is again invested back eventually and new products/services require new jobs. For example, right now we have some of the highest labor participation in years, despite rising productivity
That’s how productivity growth is achieved, a smaller amount of workers do the same task.
Or course, the created wealth is again invested back eventually and new products/services require new jobs.
For example, right now we have some of the highest labor participation in years, despite rising productivity