2min chapter

The McKinsey Podcast cover image

How to revive US productivity

The McKinsey Podcast

CHAPTER

The Importance of Technology in Productivity

The research focused on the US, but we did look elsewhere for a baseline comparison. Productivity growth over the past 15 years or so has been at about 1.4% per year. From roughly 2005 to 2019, growth in real compensation down by more than half to 0.7%.

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