It seems that periods of high productivity growth are periods of lower inflation. The interpretation by economists on the correlations between productivity and output, real per capita income and inflation are further clouded by other economic factors. Further studies are still to be done. However, one thing is evident. Compared side by side, striking differences are evident between these two regions in terms of the productivity growth rates with which they entered the current recession. For the long period of 2000-2008, labor productivity in the United States increased at 2% against 1.5% in the European Union. (The 1.1% figure is even much smaller in the original EU-15 member states that exclude the new member states from Central and Eastern Europe. Delete unnecessary files or store them in your backup or removable disk. Try not to get involved in informal chats with your officemates especially during office hours. This may seem hard but if you are truly focused on getting things done, you could easily do so. You do not need to be an anti-social. Since the principles have been introduced, the human resources sector has never been the same again. Now, it has working principles and frameworks that serve as guidance for employees who strive to do better and increase productivity within and outside the workplace. Focus should be given to the second principle for highly effective people, as structured under Covey's highly publicized book. Growth in labor productivity is proportional to the growth in capital per hour worked. Labor quality means productivity gains are also dependent towards the quality of workers: more skills mean higher marginal products. Labor quality is defined as the growth in labor input per hour worked. Total factor productivity is a catch-all term that captures the impact of technological change as well as the increasing returns to scale, omitted variables, reallocations, and any remaining measurement errors. Solow, on the other hand, made extensive references to Denison s findings on the growth of output and capital stock. However, he adhered to hours worked (or man-hours as it was termed in the 70s) as a measure of labor input. Kuznets showed that the contribution of the factor inputs per capita was a minor fraction of the growth rate of per capita product .