We recently caught up with Charles Ruecker of PMPA member company Core Powered to get his opinion on PMTS and the state of precision manufacturing.
Healthy and strong!
Team play. Synergy. Working together.
Thanks Charles.
We recently caught up with Charles Ruecker of PMPA member company Core Powered to get his opinion on PMTS and the state of precision manufacturing.
Healthy and strong!
Team play. Synergy. Working together.
Thanks Charles.
While most of us think that giving our mothers a nice gift, flowers, card, or other sign of our gratitude and affection are appropriate, for some mothers, a job may be the real answer to their prayers.
According to BLS
The economic reality that is today means that the majority of mothers with children under age 18 needs to work.
We salute them for the great job that they do as mothers.
And for making a difference as the great contributors on the job that they are.
Thanks Moms!
Manufacturing Institute and National Association of Manufacturers (NAM) announced May 9th their partnership called Get Skills to Work to encourage transitioning military personnel and recent veterans to look at careers in manufacturing.
Recent veterans have a demonstrated ability to work in teams and perform under pressure.
They understand that showing up on time is important.
They have experience acquiring data and acting on it.
They have demonstrated their ability to follow directions, respond appropriately to challenges, and work well with others.
In many cases, their lives and the lives of their comrades depended on it.
I can’t think of someone more qualified to make a human safety critical component for your car’s anti-lock braking system or for the airbag system or …
If you are interested in learning more about how to tap this valuable resource of human talent for your shop, check the link here
For more info on Get Skills To Work for Employers
For more info on Get Skills To Work for Veterans
Why does the U.S. continue to subsidize college degrees that are not providing any employment advantage while manufacturing suffers from a very real lack of skilled labor?
Stuart E. Eizenstat and Robert I. Lerman, wrote about the need for apprenticeships in The Washington Post earlier this week.
Here are 7 key reasons they say the U.S. should be developing apprenticeship programs
The central answer to the mismatch between jobs and employment is a 21st-century apprenticeship program.
Government spending on colleges and universities tops $300 billion per year; outlays to apprenticeship programs total less than $40 million annually.
That is 7500 times more spending for college- where many graduates remain unemployed without needed skills for employment that will earn the return on their eductaional ‘investment.’
If we are serious about the U.S. remaining a manufacturing leader, perhaps it is time to look at how we are spending our education/ training dollars.
The need for skilled workers in manufacturing that we can’t find and the numbers of unemployed recent college graduates suggests that we can do better.
Does anyone besides me think that perhaps paying 7500 times more for college education than to train folks to get valuable skills leading to employment might be out of balance?
If the folks on Wall Street are so smart, why are they making happy about today’s jobs report?
As I write this post at 10:50 A.M., the DJIA is up 171 points- attributed to this “great jobs report.”
Here are some facts:
1) Nonfarm payrolls expanded 165,000 for April.
2) Headline Unemployment rate (U3) dropped 0.1 to 7.5%
3) Revisions of prior months’ reports were all positive and totalled ~114,000
On the basis of these facts, the Wall Streeters are “Making Happy.”
Not so fast, Math Guys.
The average weekly hours in this report contracted from 34.6 hours to 34.4 hours.
No big deal right? A little more part-time employment, eh?
Here’s what Dr. Ken Mayland, blue chip economic forecaster has to say about this:
“The contraction of average weekly hours from 34.6 hours to 34.4 hours is almost a stunning reduction in the labor input into the economy. In very rough round numbers, holding workweek hours constant, this would be the equivalent of a 650,000 reduction in payrolls.”
“The labor input into the economy is down to the February level. In spite of a 0.2% pick-up of wages, average weekly earnings are down 0.4% — so the compensation portion of personal income will be weak.”
What the heck are those Wall Streeters thinking?
Despite the “jobs gains and positive revisions,” the real bottom line is that this is a – dare we say it- “dreadful” employment report.
Photo credit A decade in the making
Photocredit Dreadful jobs report