A better oven can let a baker make more bread in the same hour without working harder.
01
Go deeper
Tools, organization, skills and technology can change output per hour. Productivity is not a direct measure of an individual worker’s effort. Stronger productivity can support higher living standards; gains are not automatically shared equally.
02
Make it concrete
Hypothetical illustration. Hypothetically, 100 units produced in ten hours is ten units per hour. Producing 120 in the same time raises productivity by 20%.
03
When you read a headline
Check the sector, time period and whether output is adjusted for prices.