Squeezing
Posted in Main Blog (All Posts) on June 5th, 2008 4:44 am by HL
Squeezing
Productivity goes up when output/labor hour goes up, which can happen if the numerator grows or the denominator falls. You can’t squeeze more out of fewer workers forever, but you can short term.
- WASHINGTON — U.S. productivity rose sharply in the first quarter despite a weak economy, according to revised government data, suggesting companies have responded quickly to soft demand by shedding workers and cutting back on hours.