Quote:
Originally posted by Say_hello_for_me
What one guy brought up was outsourcing, excess existing capacity, and improved productivity. His opinion was that the 3 combined mean that real job growth is some ways off.
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Productivity was up, what, 9%? Something about that number seems highly screwy to me. I personally don't think I've been any more productive lately. So, for that number to be right, that means both (a) that someone, somewhere, has to have been 18% more productive, to make up for me, and (b) that everyone else in the country has to have been, in the aggregate, 9% more productive. This seems unlikely.
