Do we understand this??? Productivity is causing the high unemployment. The GOP does.

[jazzimov]

33. There are 2 types of "productivity"

I am talking from personal experience, although I'm certain that it could be statistically definable if someone actually took the time to study it. AFAIK, no one has.

There is temporary productivity, and there is long-term productivity.

Most companies only look at short-term productivity. This is basically "working someone until they drop". These numbers are skewed, because they only look at the things that are defined by the people requesting the statistics.

Then there is long-term productivity. Companies tend to ignore this, although this is the most important of all the stats. This is a measure of keeping employees happy, which is often performed with long-term benefits. By keeping long-term employees, the company maintains both experience and lowers the training costs. In addition, the long-term customers tend to develop relationships with the individuals and eventually come to see them as the "face" of the company that the employee represents.

So, in effect, there are at least 2 types of "productivity". There are probably more. Definitely, if one person is more productive they are not being fired - so that if they are doing the same job that it would take 2 or possibly 3 new people to do, then obviously they are keeping unemployment up -

If this person were to lose their job that would be 1 person on unemployment, and if the company had to hire 3 people to replace them then that would take 3 people off unemployment. A net gain of 2.

But does that really help productivity? And even if it does help short-term productivity, will it retain customers?

If the customer leaves, then that directly impacts revenue. What good is increased productivity if revenue is decreased?