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Passage 2:
Education and the Economy: An Indicators Report
The productivity of the U.S. work force is a primary determinant of the standard of living of the U.S. population. Worker productivity is typically measured as output per worker or per hour worked. It is affected by many factors, including the education and skills of the work force. Education and skills are important because they expand a worker's capacity to perform tasks or to use productive technologies. In addition, better educated workers can adapt more easily to new tasks or to changes in old tasks. Education may also prepare workers to work more effectively in teams because it enhances their ability to communicate with and understand their co-workers.
Much of the recent concern about the productivity of U.S. workers has been prompted by uncertainty about the ability of domestic firms and workers to compete in an increasingly international marketplace. As growth in U.S. productivity has slowed over the past two decades and other countries achieve productivity levels similar to those in the United States,concern about the competitiveness of U.S. firms and workers has increased. Some attribute the loss of the nation's productivity advantage to what they claim is the limited ability of the U.S. educational system to provide students with the skills necessary to succeed in today's labor market. However, factors other than education also affect productivity, and these must be considered when comparing productivity, trends across countries.
Variation in the quality and quantity of education across countries is only one factor 100%
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