The United Nations International Labour Organization (ILO) released their report entitled "Key Indicators in the Labour Market - Fifth Edition" on September 3, 2007. KILM is a major undertaking by the ILO that is published every other year. The KILM contains a core set of 20 market indicators with KILM 18 focusing on productivity.
The AP article headlines the fact this report indicates U.S. workers are the most productive in the world. Based on the explanation of rankings indicated in KILM 18, U.S. workers might be better off being last.
"The difference in rankings can be explained by the fact that annual working hours per person employed are considerably higher in the United States than in the majority of European economies; therefore, each US worker is able to produce more, leading to higher labour productivity when measured based on per person employed."
© 2007 Patricia L Johnson and Richard E Walrath
Richard and Patricia are co-owners of Articles and Answers and often combine forces to write articles on subjects of interest to both. Richard is a writer and former budget analyst residing in Ohio.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
