American generation have go to the work every morning, they confident that their daily toils would afford them a better standard of life than their parents. But that dream become more difficult to realize. According to the productivity and competitiveness report from the consulting, the US economy required dramatic productivity gain to make better future for worker that will benefit from economic growth.
Without increase in labor input, productivity must rise by at least 30% to sustain past GDP growth rates. Because of American born in 2000 are forecast to see an increase of 1.6 times, the consequences of inaction are stark. To fulfill this target, they include training worker for high demand sectors like science, healthcare and engineering, building modern infrastructure and increasing investment in research and development, which has typically been a strong suit of America.
High productivity will create a job for unemployed people that currently increased in America. U.S actually has already made impressive productivity gains and that there is no country on earth that displays a similar level of innovation in consumer goods and business technology. But improvement on technology don't open much job for worker. For this condition, Baumohi says, "Most of all, is how to get 50 million people back into the workforce."
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