“We’re producing almost as much as we did before the recession, with 7.5 million less people,” said Lakshman Achuthan, managing director of Economic Cycle Research Institute. “The difference is going into the productivity numbers and corporate profits.”  From CNN

 

What does this tell us about the state the American work force had gotten to?  The reality was many who were working were not really working.  Hard to be competitive with that type of work diligence.  This might be one of the silver lining of this recession.