Quote:
Originally posted by Astrocloud
Are we reading the same article?
Gentlemen, the devil is in the details.
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Apparently not, what's your point? Productivity has been on the rise for a long time. When workers are more productive that means companies can get by with fewer employees so long as the increased demand is less than what increased productivity generates.
Meeting the needs of a moderately growing economy can be accomplished in the short-term with current employment levels but to meet the demands of a fast growing economy, more workers will be needed.
As far as your outlining of the word "hope" well there are no guarantees in economic forecasting.