what is labor productivity 
labor productivity measures the hourly output of a country s economy specifically it charts the amount of real gross domestic product gdp produced by an hour of labor growth in labor productivity depends on three main factors saving and investment in physical capital new technology and human capital investopedia paige mclaughlinunderstanding labor productivitylabor productivity also known as workforce productivity is defined as real economic output per labor hour growth in labor productivity is measured by the change in economic output per labor hour over a defined period labor productivity should not be confused with employee productivity which is a measure of an individual worker s output 