QUARTZ: The UK has officially resigned itself to dismal productivity growth

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Release date: 22/11/2017


Others argue that productivity isn’t being counted properly. Productivity is measured by dividing national income by hours worked, or the number of workers. Diane Coyle, an economist at the University of Manchester who is working on efforts to reconsider how GDP is measured, says statistics have always been bad at measuring human gains from innovation and technological advancements.

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