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What does Y/L stand for?

Y/L stands for Output Per Worker (macroeconomics)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of Y/L

Other Resources:
We have 3 other meanings of Y/L in our Acronym Attic

Samples in periodicals archive:

born workers was found, suggesting that "the economy absorbs immigrants by expanding job opportunities rather than by displacing workers born in the United States"; (2) there is a short-term negative effect in which the capital intensity of the economy is reduced as businesses try to adjust their productive capacity (equipment and structures) to make use of the immigrants, followed by positive medium- and long-term effects wherein, after businesses have made the adjustment, output per worker increases; and (3) immigration is associated with the two offsetting effects of an increase in average hours per worker and a decrease in the average level of skill per worker.
The relationship between growth of physical capital per worker and output per worker also is negative in countries with poor institutions, albeit at a much lower level.
The resulting rise in output per worker, together with slow wage growth, reduced unit labor costs.