Social

Home page

Social

American employees are most productive

03 September 2007 15:21 (UTC +04:00)

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, according to a report from the U.N.â€™s International Labor Organization, which said the United States â€œleads the world in labor productivityâ€.
The average U.S. 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.
Only part of the U.S. 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 U.S. 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.
t pales, however, in comparison with the annual hours worked per person in Asia, where seven economies â€” South Korea, Bangladesh, Sri Lanka, Hong Kong, China, Malaysia and Thailand â€” surpassed 2,200 average hours per worker. But those countries had lower productivity rates. /APA-Economics/