Thursday, September 23, 2010

Persons Employed and Per-Person Productivity

Following up on yesterdays post on capacity utilization, here's a graph of yearly percent changes in persons employed and per-person productivity. Clearly, Arnold's beef lies with the person's employed aspect of this.

Update: To make the data and trends more clear, I've modified the graph using 10 year rolling averages:

Data via The Conference Board.

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