OECD data highlights slowing global and European labor productivity

Economic data from the OECD indicates a significant slowdown in labor productivity growth across its economies, with an average growth of only 1.2% in 2024. In Europe, the situation is more pronounced, showing an average annual productivity growth of just 0.5% between 2019 and 2025, despite decades of technological innovation.

Experts suggest that the challenge for modern organizations lies in distinguishing between mere presence, activity, and actual value creation. The current debate emphasizes that being present in an office or engaging in constant digital communication does not inherently translate to material contributions toward organizational goals. Instead, the focus must shift toward more effective ways of converting human time, energy, technology, and capital into tangible value.