Eh sayers episode 20 - why economists are sounding the alarm on productivity. : CS452-00003/2024-5E-MP3

"Listen to the Eh Sayers podcast to meet the people behind the data and explore the stories behind the numbers. Join us as we meet with experts from Statistics Canada (StatCan) and from across the nation to ask and answer the questions that matter to Canadians. Canada's workforce is among the most educated in the world. But when it comes to worker productivity, we've seen a real slump over the past few years. The quarterly data published by StatCan in June 2024 confirms Canadian workers are continuing to underperform compared to our neighbours to the south. This comes as no surprise to this episode's guest, Guy Gellatly, Chief Economic Advisor at StatCan. The latest quarterly numbers are a continuation of an ongoing decline in Canada's productivity that economists have been tracking for years. But what factors influence worker productivity? And why does it matter if Canadians are less productive? As a matter of fact, what even is productivity? In this episode, we asked Guy to help us understand how we got to this point and why it matters for Canadians"--Provided by publisher.

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