The Norman Transcript

Opinion

January 6, 2013

Fiscal cliff talksdidn’t diminish hiring

NORMAN — The intense fiscal cliff negotiations and upcoming economic uncertainties didn’t have much impact on the nation’s hiring this past month. December hiring even seemed a bit more aggressive at year’s end.

Businesses were apparently counting on a Congressional resolution and did their hiring anyway. The Associated Press reports a payroll provider estimates businesses added 215,000 jobs in December, the most in 10 months. On Friday, the government pared that down some, saying about 155,000 jobs were filled.

Earlier, in November, nearly 161,000 jobs were added. Both hiring figures weren’t enough to move the needle on the nation’s 7.8 percent unemployment rate.

The number of announced job cuts was down, too. It was down 43 percent in December from November and overall planned layoffs in 2012 hit the lowest level since 1997, according to an Associated Press news source.

Hiring has been steady but modest as the economy has grown slowly since the recession ended more than three years ago, according to the Associated Press. For 2012, employers added 1.84 million jobs, an average of 153,000 jobs a month, roughly matching the job totals for 2011.

Construction, probably lead by repair work from super storm Sandy and new construction, paced the hiring. Manufacturers added thousands of jobs.

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

1
Text Only | Photo Reprints
Opinion
  • Help for rural America

    A drive through rural parts of the Southwest can be depressing. For sale and for rent signs are prevalent. Businesses along main streets have closed. Unless they are close to a major interstate highway, many communities are in decline....

    April 23, 2014

  • Embarrassment to Oklahoma, again

    The standardized testing that was halted in local schools Monday is another embarrassment to the state. The same thing happened a year ago and Oklahoma gave them another chance....

    April 23, 2014

  • Time to move on; exit of Sebelius is right choice

    From the moment it became obvious that healthcare.gov wasn’t working, Health and Human Services Secretary Kathleen Sebelius became damaged goods for the White House....

    April 23, 2014

  • Happy birthday to us

    We don’t expect any cake and that many candles might be dangerous but today is the unofficial 125th birthday of Norman....

    April 22, 2014

  • Hero of Haarlem … for common good

    “Trudging stoutly along by the canal,” as the story goes, the 8-year-old son of a Dutch sluicer was returning home from delivering cakes to a blind man. Humming as he passed the dikes, he noticed that recent rains had made his father’s job ...

    April 22, 2014

  • Hate without end

    The news that a former grand dragon of the Ku Klux Klan is suspected of shooting and killing three people near Jewish community centers in Kansas seems at first glance like a disparaged past flaring briefly into the present. Americans like ...

    April 21, 2014

  • Reform is necessary

    Editor, The Transcript: Last year, the legislature passed laws reforming the Oklahoma Department of Veterans Affairs, which was a good start, but more is needed. Recent media reports have revealed that the ODVA employs M.D. and D.O. ...

    April 20, 2014

  • Keep your brain cells

    Editor, The Transcript: Hey kids. Four centuries ago, Shakespeare wrote about life’s seven great adventures. I forget his exact words, but they were something like this: 1. Our birth; none of us can remember it, but never the less, it is ...

    April 20, 2014

  • Don’t let moderation confuse you

    Jeb Bush’s recent compassionate comments on immigration show how far apart he is from the far right of the Republican Party....

    April 20, 2014

  • Priest’s execution should spur action

    In the hierarchy of saints, martyrs are on the highest rung of the celestial ladder, at least for me....

    April 20, 2014