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A recent survey by the Korea Productivity Center shows the country's labor productivity was one of the lowest among 30 OECD nations.
According to a report by the center, the added value produced by one worker in Korea equals roughly US$51,000, while in countries like Luxembourg the amount is around $118,000.
Luxembourg came first followed by Norway, Ireland and the U.S. Korea ranked 23rd, the same ranking as last year, while Japan did a little better at 21.
Arirang News
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