U.S. workers see sharp drop in productivity in first half of this year
The productivity of U.S. workers fell sharply in the first half of the year, the fastest rate of decline since 1947, according to the Bureau of Labor Statistics. This follows a phenomenon known as quiet quitting in the United States, where workers are not enthusiastic about their work, but still want to keep getting paid — just to focus on things other than work. The so-called quiet resignation is to only complete the work expected to be done, and not to do more work. Productivity in manufacturing remains strong, but productivity in other sectors has declined, said Diego Comin, an economics professor at Dartmouth College. He points out that the productivity of knowledge workers is difficult to measure. He said the current situation is difficult to explain.