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The following list of countries by labour productivity ranks countries by their workforce ... (2017 US$ PPP) Year ... United States: 48.8 56.7 66.0 78.9 98.2 100 ...
Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity, often referred to as labor productivity , is a measure for an organisation or company, a process, an industry, or a country.
Another important factor is the extent to which part-time work is widespread, which is less common in developing countries. In 2017, the Southeast Asian state of Cambodia had the longest average working hours worldwide among 66 countries studied. Here, the working time per worker was around 2,456 hours per year, which is just under 47 hours per ...
In February 2020, at the start of the COVID-19 pandemic in the United States, there were 164.6 million civilians in the labor force. [2] Before the pandemic, the U.S. labor force had risen each year since 1960 with the exception of the period following the Great Recession, when it remained below 2008 levels from 2009 to 2011. [2]
The Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
Using the data provided by the United States Bureau of Labor Statistics, Erik Rauch has estimated productivity to have increased by nearly 400%. [117] According to Rauch, "if productivity means anything at all, a worker should be able to earn the same standard of living as a 1950 worker in only 11 hours per week."
Cigarettes cost the United States $326 billion each year in direct healthcare costs ($170 billion) and lost productivity ($156 billion). [ 308 ] A comprehensive 2007 study by European doctors found the five-year cancer survival rate was significantly higher in the U.S. than in all 21 European nations studied, 66.3% for men versus the European ...
Leisure time also increased. By 1970, it was estimated that the average workingman in America had 140 days off work each year. [41] US work hours fell by 10.7% between 1950 and 1979, though the decline was still around half that of Western Europe.