S&P 500 Total Number of Employees to Total Revenues Ratio
In 1986, it took 8 employees to generate US$1 million in revenue. Today, the S&P 500 is 70% less labor intensive than it was in the 80s.
Image: BofA Global Research
In 1986, it took 8 employees to generate US$1 million in revenue. Today, the S&P 500 is 70% less labor intensive than it was in the 80s.
Image: BofA Global Research