The share of the population over 65 is projected to grow from about 18 per cent to nearly 26 per cent.
The washing machine was especially important in freeing up women’s time.
Labour productivity is basically the value of output produced per unit of labour input.
The average work hours of Canadians decreased by about 4 per cent between 2000 and 2018.
If you’re not producing very much marketable value, you won’t make a lot of money.
Capital investment is a major source of labour productivity growth, particularly in Canada.