> In the first half of 2022, productivity — the measure of how much output in goods and services an employee can produce in an hour — plunged by the sharpest rate on record.
Given the sharpness of the drop, the timing with wonkiness in a whole slew of other economic indicators, it's bizarre to me that the author (and experts interviewed) would immediately assume that something changed with workers vs the metric is behaving weirdly.
Given the sharpness of the drop, the timing with wonkiness in a whole slew of other economic indicators, it's bizarre to me that the author (and experts interviewed) would immediately assume that something changed with workers vs the metric is behaving weirdly.