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

  • RayJWEnglish
    6•6 months ago

    I’m sorry to be that guy but Nestlé is Swiss which is not EU. Not saying that it’s any less of a fucked up Megacorp though.

    • @jmcs@discuss.tchncs.deEnglish
      1•5 months ago

      Switzerland applies most of the EU laws because they want access to the single market though, so for this purpose they might as well be in the EU.

      • RayJWEnglish
        6•5 months ago

        That’s not true though. Swiss laws differ wildly from EU laws in so many different fields including the markets. They have been in fights for tens of years over so many different things regarding regulations of the free market etc. you really can not consider Switzerland part of the EU.