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S. Korea’s Labor Productivity Growth Slows on Lack of Investment, Innovation

S. Korea’s Labor Productivity Growth Slows on Lack of Investment, Innovation

SEOUL, May 4 (Korea Bizwire) — South Korea’s labor productivity growth has sharply slowed over the past decade due partly to a lack of investment and innovation, a study suggested Monday. According to You Hye-mi, a professor from Seoul’s Hanyang University, the country’s labor productivity rose at an annual average of 2.67 percent between the [...]