By / November 17, 2014

Labour productivity index

Labour productivity index

Labour productivity index

Labour productivity per hour worked is one indicator of the EU economy’s
competitiveness. Among the factors contributing to labour productivity
growth are: technological innovation, improvements in workers’ skills and
the organisation of work. If GDP grows and the number of hours worked
remains stable, the indicator will also rise, indicating the annual increase in
output produced by one hour of work. The indicator is constructed primarily
for spatial comparisons and less for comparisons over time. No data are
available for Croatia, nor for 2013 in Luxembourg and Malta.
Datasource: Eurostat


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