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by flurben
1691 days ago
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A) This headline is flat wrong. Productivity is not at its lowest level in 40 years. B) What they probably meant to say instead is that the US saw the largest monthly decline in productivity in 40 years. There is a very big difference. C) Month-over-month productivity changes are just statistical noise, too short term to matter. |
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Wow, it looks like you might be right. I think CNN just completely got this wrong. Another source, emphasis mine:
> Productivity in the U.S fell by the most since 1981
From https://www.bloomberg.com/news/articles/2021-11-04/u-s-produ...