The Private Sector and Skill Formation in the United States

di

Lisa M. Lynch

Forgotten Books

The Private Sector and Skill Formation in the United States - Bookrepublic

The Private Sector and Skill Formation in the United States

di

Lisa M. Lynch

Forgotten Books

FORMATO

Nessuna protezione

DISPOSITIVI SUPPORTATI

computer

e-reader/kobo

ios

android

kindle

€ 5,85

Descrizione

Although the United States still produces more output per unit of input than any other nation, we are in the midst of a serious productivity crisis. The nature of this crisis is not so much in the level of productivity but rather the fact that productivity is not growing as fact as it used to in the U.S. In addition, our major economic competitors have much higher rates of productivity growth than the U.S. Figure 1 highlights this issue with a comparison by country of average annual percentage changes in manufacturing productivity across different time periods. Although the U.S. has returned to productivity growth rates in the 1980 sthat are higher than the rates in the 1970 s, a great deal of this improvement was achieved through the closure of inefficient plants and the permanent lay off of workers. This suggests that these productivity gains are likely to be short in duration and that the productivity crisis is not over yet.<br><br>Figure 1 presents productivity numbers for the manufacturing sector alone. However, most employment growth in recent years in the U.S. has been in the service sector. Since it is difficult to obtain international comparisons for the service sector, Table 1 presents some figures on productivity growth just in the U.S. in industries other than manufacturing. With the exception of the communications industry, these numbers indicate even lower productivity growth in the service sector than in manufacturing.

Dettagli

Dimensioni del file

761,0 KB

Lingua

eng

Anno

2017

Isbn

9780259688730

Informativa e consenso per l'uso dei cookie
Questo sito utilizza, fra gli altri, cookie tecnici, cookie di marketing generico anche di terze parti, cookie di profilazione di terze parti. I cookie servono a migliorare il sito stesso e l'esperienza di navigazione degli utenti. Per conoscere tutti i dettagli, può consultare la nostra cookie policy qui. Cliccando sul pulsante "Ho capito", accetta l’uso dei cookie.