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Wysłany: Pią 4:27, 13 Maj 2011 Temat postu: Five Fingers Bikila Ls An Open Letter apt the Asso |
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Associated Press article U.S. workers are world's most productive was recently published by MSNBC and contains the emulating comments:
"The average U.S. worker produces $63,885 of wealth per year, more than their counterparts in entire other countries,"
"The productivity figure is found by dividing the country's gross servant product by the number of people employed. The U.N. report is based on 2006 />
AP is stating the productivity figure is found by dividing the country's gross domestic product [GDP] by the number of people employed. If you calculate the average U.S. worker productivity rate based on the explanation provided by the Associated Press the numbers don't jibe. They don't even come close.
Using GDP because 2006 in billions of greenbacks $13,194.7 [13 trillion] and dividing it by the number of people employed in 2006 - 151,428,000 (81,255,000 men and 70,173,000 women) ambition no provide anybody with $63,885 in productivity.
$13,194,700,000,000.00 / 151,428,000 = $87,135.14
If you work backwards and take the 2006 GDP figure [13 trillion] and divide at the $63,885 in productivity, it ought cater you with the number of human hired - it doesn't.
$13,194,700,000,Five Fingers Bikila Ls,000.00 / $63,885.00 = 206,538,311
206.5 million "employed" in the U.S. is no more than wishful thinking. There are 2 major problems with the Associated Press productivity article as distant as we're cared. One is the $64,000 (rounded) figure for worker productivity. The other is the number of workers--200 million (rounded)--implied to produce the stated GDP of $13.1 trillion.
All the infinite formulas and equations doubtless showing how productivity is calculated are questionable, to mention the least, when they all over showing $64,000 per worker.
The ILO report is one extremely complicated document and while the AP writes one article with a statement indicating a formula for determining a characteristic number, readers should be provided with extra than a one sentence meaning. We're not versed with the ILO report so we don't understand whether the problem is we're using the erroneous figure for GDP, the wrong year for GDP, alternatively the erroneous number of employed workers - obviously AP knows what to use otherwise they wouldn't be jotting an article providing a definition.
So how approximately it, AP - what is the full fable aboard the ILO productivity measurement?
The United Nations, International Labour Organization (ILO) unlocked their report entitled "Key Indicators in the Labour Market - Fifth Edition" on September 3, 2007. KILM is a important enterprise by the ILO that is promulgated each additional year. The KILM contains a kernel set of 20 mart indicators with KILM 18 focusing on productivity.
The AP treatise headlines the fact this report indicates U.S. employees are the most fruitful in the earth. Based on the explanation of rankings indicated in KILM 18, U.S. workers might be better off creature final.
"The distinction in rankings tin be explained by the fact that year working hours per human employed are considerably higher in the United States than in the majority of European economies; accordingly, every US worker is capable to produce more, leading to higher labour productivity when measured based on per person employed." |
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