Before the economic crisis hit the UK, workers were more efficient. That’s what the British publication 'Daily Mail' stated in their article British workers' productivity lagged 19% behind the average achieved in other rich nations last year.
Apparently UK workers have dropped their productivity by 19% if you compare them with other G7 countries such as Japan, Germany or France.
Experts including John Philpott, Chief of the Chartered Institute of Personnel and Development, believed that these figures might be the sign of a non- genuine recovery of economic crisis.
"The bad news is that the UK is falling fast down the international productivity ranking." he explained. "The relative improvement in the UK's productivity performance from the mid-1990s to the late 2000s has clearly gone into reverse in an economy reliant on falling real wages, rather than increased output, as the main driver of employment growth."
"The drop in the UK's international productivity ranking in 2012 proves that strong employment growth fuelled by falling real wages is symptomatic of relative economic weakness rather than strength."
"While the real wage squeeze is preferable to even higher unemployment, these latest international productivity figures show the UK economy can't be deemed to be experiencing a genuine recovery until we see firm evidence of both stronger output growth and rising real incomes."
The unemployment rate and deficit are still growing and in high numbers in the UK, therefore news like this one will not help to improve the situation.
The UK needs to work harder implementing job conditions and creating employment. The unemployment rates in Europe are still getting higher. However, with these figures, it looks like the UK does not consider itself in the group of those countries who need to keep on working to improve the working system.
What do you think about the situation in UK? Do you think British workers should be more efficient? Why do you think their productivity at work has decreased? Do you think the drop of salaries might be the main reason? Share with us your opinion!
Full Article: British workers' productivity lagged 19% behind the average achieved in other rich nations last year. Daily Mail.