Apa yang dimaksud dengan Worker Productivity?

Worker productivity is an important economic measure. Economists have long agreed that increased productivity is the principal factor leading to increased living standards for the overall population. As workers become more efficient at producing output, they can be compensated accordingly.Labor costs rose by 2.1 percent in the final three months of the year, after having fallen by 1.9 percent in the third quarter and 1.1 percent in the second quarter.