Go to the Bureau of Labor Statistics Web site (http://www.bls.gov) and in sequence select Databases and Tables

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Go to the Bureau of Labor Statistics Web site (http://www.bls.gov) and in sequence select “Databases and Tables” and “Series Report.” Then enter the following ID series number: PRS84006091. Last, click on “All Years.” This will retrieve the percentage change in output per hour since a year ago (growth in labor productivity).

What was the average rate of increase in labor productivity between 1991 and 1995? Between 1996 and 2006? Between 2006 and the most recent year shown? On the basis of these figures, do proponents of the new economy perspective or their critics have the upper hand in the debate? Explain your answer

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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