The EU has outperformed the US on per-capita output growth; in terms of output per hour worked, some EU countries are as productive as the US

The article chooses to take a metric that you usually do not see much: GDP per employee and per hours worked, at purchasing power standards

  • Justas🇱🇹English
    31·
    10 months ago

    That is true for Southern and Western EU, but not for Eastern EU though. I grew up in the 90’s. I am already richer than my parents were back then and it is true for almost everyone in my age group that I I know.

    • Blaze@discuss.tchncs.deOPEnglish
      3·
      10 months ago

      Oh yeah, definitely. I had a Romanian colleague who moved to Western Europe to give it a try. He went back to Romania after a few months, and when he explained me the way he was living there, I couldn’t but understand.

      • Justas🇱🇹English
        31·
        10 months ago

        Yep. Some people go to western countries, work a few years and save everything they can to make the initial mortgage payment back home. Western people don’t have that option.