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...someone whose father has worked??in a Ford plant for more than 25 years, I am truly disappointed by Ford's slash-and-burn plans to lay off as many as 30,000 employees. It's always the blue- collar workers who are first deemed expendable. But what Ford really needs to take a look at is its designs. My family has owned nothing but Ford and Lincoln vehicles since my father began working at Ford, but now even loyal consumers are looking elsewhere. MEGAN NORRIS Chicago...

Author: /time Magazine | Title: Letters: Feb. 20, 2006 | 2/12/2006 | See Source »

Through the 1960s, output per man-hour worked???the conventional, though not entirely adequate, way by which productivity is measured?rose on average about 3% a year, a healthy pace that had been maintained since shortly after World War II. In the '70s, productivity growth has averaged only about half that. Some economists long hoped that the slowdown was a cyclical fluke, caused mainly by the recessions of 1970 and 1973-75 (recessions always hurt productivity because companies run high-powered machinery at a slow pace and keep on the payroll workers who do not have much...

Author: /time Magazine | Title: Business: Perils off the Productivity Sag | 2/5/1979 | See Source »

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