Labor Productivity and Wages, 2010 Labor productivity is measured by value-added per hour of work and can be compared with the wages paid in manufacturing in various countries. The general ranking of countries—from highest to lowest—in terms of labor productivity is the same as the ranking in terms of wages: countries with higher labor productivity generally pay higher wages, just as the Ricardian model predicts.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
Source: U.S. Department of Labor, Bureau of Labor Statistics.