Post

Paul Bivand
@paulbivand.bsky.social

ONS explain it - due to low-productivity sectors (like hospitality) shutting down while high-productivity ones (like professional services) worked from home and continued output. Compositional change. But they're assuming jobs are like civil service - not gig-ish too much.

Peter Ellis
@pjie2.bsky.social

I’m sure they have an explanation, but it still proves the measure is profoundly inadequate to address the actual economy. A measure you can maximise by firing 99.99999% of the population but leaving one “highly productive” therapist talking to billionaires at a zillion quid an hour is sus.