Productivity was 2.4% in 2000, but it's only 2% in 2024. Despite today’s advanced technology, the pace of productivity growth in the past five years lags behind that of two decades ago and is only half of what it was in the '90s.
Productivity was 2.4% in 2000, but it's only 2% in 2024. Despite today’s advanced technology, the pace of productivity growth in the past five years lags behind that of two decades ago and is only half of what it was in the '90s.