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by gottorf
1055 days ago
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Of course it's too early to tell with lots of confounding variables, but labor productivity has been taking a steep dive[0]. So perhaps in the aggregate, WFH is resulting in less work being done. I say this as someone who's been full-time WFH for over a decade; I'm not taking a position one way or another. [0]: https://fred.stlouisfed.org/series/MPU4910063 |
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So the "steep dive" that you talk about is a single year -1.7% decrease vs a decade of constant increase, going as high as 4.6% in a single year?
I feel that chart is almost deceitful. Every year that this is above 0 is a percentage win no matter the delta. So if that chart showed
* 2030 -> 20%
* 2031 -> 1%
It'd feel like a steep dive, but 2031 would still be an _increase_ in productivity over 2030.