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Productivity's double edge fuels upswing and worries
The piece examines productivity as both driver and concern in the 1960s US economy. It notes higher output per hour boosts profits and growth while raising fears of job losses and automation. It cites 1961 2.3 percent 1962 3.9 percent gains and projects continued gains driven by devices, education, and management advances.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Automation
Ito
United States
Thas