Productivity
Output per unit of input—typically how much GDP or value added an economy or worker produces relative to hours worked.
Higher productivity means society can enjoy more consumption, leisure, or public goods without working harder hours. It depends on skills, equipment, management, and the rules that govern competition and entry.
Slow productivity growth puzzles have motivated everything from deregulation pushes to industrial policy debates.
Labor data and the dashboard
When labor metrics join the app, productivity-related questions will sit alongside unemployment and wages: are high-job states also high-output states?
The content plan’s state_labor_metrics roadmap groups productivity with unemployment, wages, labor unions, labor force participation, and employment.