Productivity report 2023: main results
The recent crises have revealed structural weaknesses that will have a negative impact on competitiveness in the medium term. Economic growth is affected by the limits of the main growth factor, the expansion of the volume of work in low-skilled jobs. Labor productivity is declining, as is the contribution of technological change and innovation. Without additional measures, the environmental and climate goals will not be achieved. Unused potential in the labor market and weaknesses in the education system are hampering participation in economic welfare and productivity growth.