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| (Illustrative Only) Kitty remembers a time when the average worker still mattered and good middle class wages were plentiful. She is thinking of starting her tea and tea cup business in Escanaba because of the sense of community and skilled labor force. She was once a single mother and was not born from aristocratic generational wealth so she had to claw her way to the top. She can open her storefront downtown on Ludington and has room to scale. It is her retirement company she hopes to give to her grandkids as long as they uphold the values of how to treat workers. She might call it Ki-Tea Inc. She pays good wages, shares part of her company profits with employees so as to max productivity, and gives raises for increased education. Anytime an employee inovates and improves the productivity of the process they get a big bonus based on the financial savings. Tourist Micro She has a few ideas on the economy that some of the super rich don't like. She knows we are all in this boat together. She has lived a full life. Life is too short to worry about what they want or cater to unquechable self-interest when we can find win-win situations. It is her time to raise the people around her. We all count in the process. That is what community and indivisibility means. Economic-Sociological Platforms, Perpetual Sustainable Dev. Digital GDP, After Covid Job Enrichment Economics and Human Needs The Welfare Theorem In theory |
Looking ahead, it will be interesting to see how AI and new technologies might create significant jumps in productivity. Technology alone is not enough—human ingenuity, skills, and innovation are crucial to improving outcomes and maintaining competitiveness. This is why people should attend school, enroll in trade colleges, and get advanced education.
As a large country, growth tends to be slower than in emerging economies. Enhancing infrastructure, optimizing work environments, and supporting efficient business development can improve human capital and organizational productivity. Wages, which have only grown 12–14% over the past two decades, also need attention to ensure living standards match skills.
Ideally, combining technology, skilled labor, innovation, and new business practices could lead to much higher growth. Achieving this requires a systemic approach: understanding how productivity, human capital, wages, and innovation interact, rather than analyzing them in isolation. By improving these factors together, supported by effective micro-level economic environments and data-driven insights, overall output and economic growth can be enhanced.
(As a side note corporate profits and executive wages seem strong but it appears that polices and approaches seem to move wealth up in concentrated capitalism while broad based capitalism that foster wealth generation might have a compounding effect. In other words, if we are worried about long term national competitiveness maybe we need to think about new approaches that maximize societal engagement and input.).
Productivity and costs, fourth quarter and annual averages 2025 (revised)
Labor productivity in the U.S. nonfarm business sector increased at a 2.8% annualized rate in the fourth quarter of 2025.
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Productivity growth was driven by higher output relative to hours worked.
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Unit labor costs (the cost of labor per unit of output) increased at a 2.8% annualized rate in the fourth quarter.
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Over the full year from fourth quarter 2024 to fourth quarter 2025, labor productivity increased 2.8%.
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Unit labor costs rose 1.3% over the same year-over-year period.
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For all of 2025, productivity increased about 2.2%, reflecting steady gains in output relative to labor hours.
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Unit labor costs increased about 1.9% for 2025 overall.
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Strong productivity growth helps offset wage pressures because more output is produced per hour worked.
2005 2.7
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| (Illustrative Only) Kitty loves cats and brought Snarls Charles home from the Delta County Animal Shelter (Feel free to give donation to them on their page.). Her philosophy is that tea teaches patience and a cat teaches independence. Hence the name Ki-Tea. Snarls comes up with the best ideas because he is a free thinker. btw Snarls Charles thinks its the unsophisticated dogs that break all the ordinances. I mean they are pack animals and they chase their own tail (A local discussion on animal ordinances 🙃). |
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