Reports from around the country suggest that current demand for workers is putting productivity at risk, and that worker productivity has fallen sharply in all quarters of 2022.
The US Bureau of Labor Statistics confirmed this in its third-quarter data, which showed a slow increase in business productivity, by only 0.3 per cent quarter-on-quarter, and a meager 2.8 per cent increase in worker output meant that productivity also fell by 1.4 per cent quarter-on-quarter, the first three consecutive declines in productivity since 1982.
Nevertheless, worker productivity increased significantly in the first two years of the COVID-19 pandemic due to a shift to hybrid and remote work. However, since these workers returned to work, there has been a high demand for productivity, which unfortunately has not been met, as productivity has declined in all available statistics for 2022.
The decline in worker productivity came at a time when many organizations were demanding that employees return to the office. According to a recent survey by Resume Builder, 90 per cent of companies will require employees to return to the office at least part of the week in 2023, and a fifth of these companies said they would fire employees who refused, which might demoralize workers.
Workers’ stress and worry have also increased as a result of the uncertain global economy, which has led to a persistent labor shortage that forces organizations to take more responsibility from their employees for less pay. This trend toward labor shortages and unemployment has supposedly strengthened workers who still have jobs, allowing them in some cases to misbehave.
Experts also speculated that productivity declines were caused by hybrid and remote workers pushing back after desperately trying to succeed in 2000 and 2001, but to no avail.
The sources for this piece include an article in ComputerWorld.