Chinese Worker Productivity Measure
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A Chinese Worker Productivity Measure is a worker productivity measure for a Chinese labor market.
- Context:
- It can be associated with a Chinese Worker Productivity Growth Rate.
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- Example(s):
- …
- Counter-Example(s):
- See: Chinese Industrial Robot Population, China GDP.
References
2022
- https://www.wsj.com/articles/chinas-factories-accelerate-robotics-push-as-workforce-shrinks-11663493405
- QUOTE: ... output an hour worked in China in 2021 was a quarter of the average of the Group of Seven advanced economies and a fifth of the level in the U.S. Moreover, China’s productivity growth has slowed in recent years. After rising at a 9% annual pace on average between 2000 and 2010, output an hour worked in China grew 7.4% a year in the subsequent decade. ...
2022
- "China Labour Productivity Growth - 1953 - 2021 | Yearly | % | CEIC Data."
- QUOTE:
- Key information about China Labour Productivity Growth.
- China Labour Productivity improved by 8.70 % YoY in Dec 2021, compared with a growth of 2.72 % in the previous year
- China Labour Productivity Growth data is updated yearly, available from Dec 1953 to Dec 2021, averaging at 7.45 %
- The data reached an all-time high of 15.12 % in Dec 1970 and a record low of -26.48 % in Dec 1961
- CEIC calculates Labour Productivity Growth from annual Real GDP Index and annual Employment. The National Bureau of Statistics provides Real GDP Index, at previous year prices. The Ministry of Human Resources and Social Security provides Employment. Employment excludes Foreign Nationals working within the country.
- Further information about China Labour Productivity Growth
- In the latest reports, China Population reached 1,412.60 Person mn in Dec 2021
- Its Unemployment Rate dropped to 5.50 % in Jun 2022
- Monthly Earnings of China stood at 1,392.89 USD in Dec 2021
- The country's Labour Force Participation Rate dropped to 68.06 % in Dec 2021