Irish workers now ranked as most productive in world
This has now been announced that the Irish workers are the most productive in this world because they by doing their part of work are contributing the average of %99.50 to their economy per hour. These statistics are revealed by the organization for economy cooperation and development. There some other figures which are revealed by a Paris-based agency this Tuesday which revealed that this republic had got the highest rate for the productivity of the labor and this is why the economic output based on hour basis also has an increase. Ireland in the list made by the OECD is at the top having the total of $99.50 and Luxembourg is having $98.50 while Norway being the third in the list has $83.10.
With respect to the biggest trading partners of it, the state was at its significant position having $72 for the US and $61.10 for the UK which is almost twice of the OECD for the average of $54.80. The labor productivity here makes the sense of the measurement for the value of work that is done in a particular economy with the passing time and it has the higher value added jobs which generated the best productivity ever. The position of the republic here is at the top of the list that is made according to the global rankings and this position has the high concentration of the multinationals present there which basically leads to the higher productivity incentives.