The best explanation of productivity ever from


Watch this video, but pay attention to minute 3:54. You don’t get paid more, but you will have to talk faster for the same paycheck.

Nov. 6 (Bloomberg) — Marc Cenedella, chief executive officer of, talks with Bloomberg’s Lori Rothman about the white-collar labor market and the U.S. unemployment rate. October’s employment report showed the country’s jobless rate soared to a 26-year high of 10.2 percent. is an online job search service that focuses on positions paying $100,000 or more a year. (Source: Bloomberg)

I would have embedded the video, but Bloomberg doesn’t let you ;-(