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Show STUDY INDICATES LAliOU NOW LESS EFFICIENT Liibor Is loss efficient now tVrnn lioforo tho win-. In tho opinion oC a urn jority ninnufsu'tuivrs ro- sponiii'ifT ,0 n "tion-viiie sampling sampl-ing conducted by Morrill Lynch, pii-rco. Fonnor it Bonne. A poll of :.ri0 companies showed, tho firm suid, tlmt whilo "reduced efficiency is ft serious problem, the slump in labor productivity hns apparently passed its low point." Seventy per cent said their labor la-bor force was less efficient, while 10 per cent found their employees 'o efficient. About 42 per cent said, efficiency had Rained in the last six months, while 43 per cent reported their men were at least ns efficient as they were six months npx Only a third of the companies said material shortages were an important cause of lower working efliciency. But more than half said a normal flow of material would result in some improvement in labor productivity. |