U.S. Workers Are the World’s Most Productive…

…but they don’t need no stinkin’ healthcare. From the Boston Globe:

American workers stay longer in the office, at the factory, or on the farm than their counterparts in Europe and most other rich nations, and they produce more per person over the year.
They also get more done per hour than everyone but the Norwegians, according to a UN report that said the United States “leads the world in labor productivity.” The report was released in Geneva today, which is Labor Day in the United States.
The average US worker produces $63,885 of wealth per year, more than their counterparts in all other countries, the International Labor Organization said in its report. Ireland comes in second at $55,986, followed by Luxembourg at $55,641, Belgium at $55,235, and France at $54,609.
The productivity figure is found by dividing the country’s gross domestic product by the number of people employed. The UN report is based on 2006 figures for many countries, or the most recent available.
Only part of the US productivity growth, which has outpaced that of many other developed economies, can be explained by the longer hours Americans are putting in, the ILO said.
The United States, according to the report, also beats all 27 nations in the European Union, Japan, and Switzerland in the amount of wealth created per hour of work – a second key measure of productivity.
Norway, which is not an EU member, generates the most output per working hour, $37.99, a figure inflated by the country’s billions of dollars in oil exports and high prices for goods at home. The United States is second at $35.63, about a half dollar ahead of third-place France.
Seven years ago, French workers produced over a dollar more on average than their American counterparts. The country led the United States in hourly productivity from 1994 to 2003.
The US employee put in an average 1,804 hours of work in 2006, the report said. That compared with 1,407.1 hours for the Norwegian worker and 1,564.4 for the French.

Maybe a little bit of that productivity surplus could go to healthcare instead of higher corporate profits.
Happy Labor Day!

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2 Responses to U.S. Workers Are the World’s Most Productive…

  1. No safety net does increase productivity. I have no health insurance, and if I miss more than a couple days at work a month, I can’t pay my bills. So, I work as many hours as I can, and as productively as I can, because I have to. But, if I get injured or sick…

  2. I Love you Mike
    bedava sohbet

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