Labor Productivity as a Tool for Increasing Economic Growth and Social Well-Being of Russian Citizens

Abstract

The article considers one of the most important economic indicators — labor productivity, determines the dependence of economic and social growth on its increase, analyzes the target indicators of the national project of the same name, and suggests measures aimed at improving the methodology for calculating labor productivity at the enterprise, which should contribute to a more correct reflection of the real situation in the country.

Keywords

• labor productivity
• national project
• economic growth
• social welfare
• industry approach
• socio-economic development sources of financing