The Norman Transcript

Opinion

December 18, 2013

A more productive year

NORMAN — When the recession hit in 2008, companies eliminated thousands of American workers. Many of those jobs won’t be coming back, thanks to technology and increased worker productivity.

The Labor Department reported this week that worker productivity from July through September increased at the fastest pace since the end of 2009, lending further evidence to the nation’s economic growth.

Productivity was reported at an annual rate of 3 percent in the third quarter. Initially, economists had estimated a 1.9 percent growth compared to the 1.8 percent in the second quarter of the year.

Higher productivity enables companies to pay employees more without sparking inflation, according to an Associated Press report. But greater productivity also can slow hiring if it shows employers they can boost output with fewer workers.

Breaking news, severe weather alerts, AMBER alerts, sports scores from The Norman Transcript are available as text messages right to your phone or mobile device. You decide which type of alerts you want to receive. Find out more or to signup, click here.

1
Text Only | Photo Reprints
Opinion
  • Noting a life well lived

    James Garner never intended to be a movie and television star. He just kind of lucked into it, he would tell those who asked. If you have the itch to act, get a good-paying job and spend your free time at your local community theater, he ...

    July 22, 2014

  • Recount that really matters

    Americans have been hearing a lot about Congressional elections, but there’s another one halfway around the globe that will matter far more....

    July 22, 2014

  • Runoffs get no respect

    The Aug. 26 Republican runoff election for the Cleveland County District 3 commissioner post is one of only 18 races on ballots around the state. Only two races are statewide — the Democrat contests for U.S. Senator nominee and state ...

    July 22, 2014

  • Change some lines

    Editor, The Transcript: Looking at how our elected Republican friends are reacting to the refugee children crossing the border and now being housed in Lawton, I have a suggestion. Let’s edit the Christian Bible in several places to reflect ...

    July 21, 2014

  • New health care system demonized

    To the Editor: In October 2013, soon after we were asked to take over management responsibilities at our family business, we were visited by the company’s health insurance agent. She explained that a decision needed to be made regarding ...

    July 21, 2014

  • Norman Forward builds momentum

    The quiet campaign to build momentum for a citywide public works project is beginning to attract some attention....

    July 20, 2014

  • The longer the wait, the higher the cost

    Editor, The Transcript: Thanks for the great article of July 3 on the Norman chapter of the Citizens Climate Lobby group that recently went to D.C. as citizen lobbyists, working to get a revenue-neutral carbon pollution fee, refunded in ...

    July 20, 2014

  • Tax those trees out of here

    I read your editorial “Pesky red cedars” in the Norman Transcript of Tuesday, July 15, 2014. I have attended two meetings where the problem of the eastern red cedar trees was discussed. Because of the drought conditions in Oklahoma, we ...

    July 20, 2014

  • Make gun safety a health issue

    Quick, are you more likely to die by a bullet or in a car crash? Common sense would seem to suggest the latter. Cars are everywhere. We are an auto-obsessed nation. To be American is to drive — everywhere. Teenagers itch to get behind the ...

    July 20, 2014

  • They just want to be free ... maybe

    Massoud Barzani, president of Iraq’s semiautonomous Kurdistan region, rattled many cages this month when he announced in parliament that the KRG would be moving ahead soon on a referendum on independence from Iraq. If Kurdistan goes ahead ...

    July 20, 2014