A Jump In Worker Productivity Could Lead To Long-Term Growth

A Jump In Worker Productivity Could Lead To Long-Term Growth

Economists in the U.S. are watching closely to see if the current work productivity boom continues for the long term. (Getty Images) The U.S. is experiencing a worker shortage as the economy emerges from pandemic-related upheaval.

But it’s also seeing a boost in worker productivity. And if a productivity boom continues, it could help lead to sustained economic growth.

“We see a significant chance of a productivity acceleration in the next five to 10 years to come,” says Jan Mischke of the McKinsey Global Institute. Sustained acceleration would be a “welcome change” from weak growth over the last decade or so, […]

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