[ARCADIA]

But how are the hours worked counted?

I suspect that most of this is people just looking at a financial statement. Company XYZ sold $100 Million in product last year and had an operating cost of $60 Million; If they can generate $110 million in revenue this year, while holding the operating costs at $60 million, they are said to have increased their productivity.

[USS Alaska]

I read your bio and as a self described moderate, you are closer to castro than to tony blair. In reading all your postings today, the only thing missing is a direct quote from "Das Kapital". How does someone that escapes a communist country end up being a socialist? If you can't even understand the purely economic definition of productivity or the difference between 7.6% vs 5.4% unemployment because you view the world through the eyes of the oppressed world worker, then calling you a socialist is being kind. Truth in posting demands that you re-think and re-adjust your bio.