SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (40066)10/23/2003 2:00:26 PM
From: AC Flyer  Read Replies (1) | Respond to of 74559
 
and yet...

>>between 1995 and 2002 roughly 22 million (manufacturing) jobs were lost globally, a decline of 11%. Yet over the same period, global industrial production jumped more than 30% - a remarkable gain in productivity. Losses in the US of 2 million jobs over the same period matched the global average of 11%.<<

alliancecapital.com

Welcome to the end of the beginning of the global post-industrial economy.



To: AC Flyer who wrote (40066)10/23/2003 11:10:25 PM
From: BubbaFred  Read Replies (3) | Respond to of 74559
 
That's truly amazing for a third world country, that employment is being sacrificed for high productivity. If and when the numbers ever come out on the actual rate of productivity and comparison is made to those for US and Europe, I think there will be a richter 10 shockwave with richter 11 and 12 aftershocks. Somebody better come up with a different measurement of productivity.