Topics

Labour productivity

Labour productivity assesses a country economic ability to create and sustain decent employment opportunities with fair and equitable remuneration. It is usually measured by the value of output produced per person employed or the value of production per hour worked. Labour productivity is a key determinant of living standards within any economy.

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.