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twobitshifter
on Oct 8, 2022
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Americans are becoming less productive, and it's a...
It appears we are on trend after correcting for the pandemic bubble. During the pandemic output fell but hours worked fell much more. More productive industries made up a bigger proportion of the non farm labor.
https://fred.stlouisfed.org/series/OPHNFB
Look at a 5 yr view to see it clearly.
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Search:
https://fred.stlouisfed.org/series/OPHNFB
Look at a 5 yr view to see it clearly.