Workforce Training- Solving the Skills Shortage Problem

April 15, 2014

PMPA member  North Easton Machine Company Incorporated  is taking an active role in solving the skilled workforce issues it faces. Jon Holbrook announced last week that North Easton Machine will be receiving $41,500 to help train 25 employees and create job opportunities for 4 additional staff over the next two years. This project is funded by a Workforce Training Fund grant through the Commonwealth of Massachusetts, Executive Office of Labor and Workforce Development. The grant program is administered by the Commonwealth Corporation.

Today's technologies require today's skills!

Today’s technologies require today’s skills!

North Easton Machine Company is receiving one of sixty-six training grants awarded by the State of Massachusetts. The grants cover  employers with training for a combined 4,631 employees and the creation of 453 jobs over the course of the next two years. About North Easton Machine Co. North Easton Machine Company, Inc. an ISO 9001 certified contract manufacturer providing precision screw machine, turned, and milled parts to engineers and purchasers from a wide variety of markets. Founded in 1964, by Donald Holbrook, in the garage of his family’s home, today the business is housed in a 15,000 square foot facility. North Easton Machine Company is a state of the art CNC turning and milling company. NEM IMG_7045 North Easton Machine utilizes the latest CNC Swiss, CNC Lathe, and CNC Milling machines for superior speed, precision, and versatility. North Easton Machine proudly serves the bio-medical, microwave, high-tech, musical and electronic industries, among others, with an emphasis on high quality products and exceptional customer service. PMPA members are actively engaging their communities to try to solve the skills gap. For info on skills training in your area,  check out the PMPA Comprehensive Job Training Database

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Your Personal Economic Recovery- Career in Precision Machining

October 29, 2013

Despite the fact that there has been no significant “recovery” of employment under the current Administration and Congress, There is a way to create your own personal “employment recovery.”

Can't count on Washington to get you back to work.

Can’t count on Washington to get you back to work.

PMPA tracks employment sentiment monthly as part of our Business Trends reporting,

Employment outlook sentiments have been positive for the PMPA members- above 90% for the entire year of 2013.

And our shops have been scheduling overtime- average length of first shift is 42.8 hours for calendar year 2013.

And by the way, earnings of new hires in manufacturing are higher than those not in manufacturing. 38% higher according to the U.S. Department of Commerce Economics and Statistics Administration

Earnings premium of new hires in manufacturing over non manufacturing new hires

The folks in Washington haven’t done much to turn the nation’s employment situation back to the upside as you can see in the top graph.

But if you are comfortable with high school math- geometry, algebra, and trig- you could have a great career in precision machining.

For info on training programs  in your area check out the PMPA Comprehensive Career Training Database.

Career overview.

Why you should consider a career in manufacturing.

One of our members posted on Linked In “We would hire 3 guys right away with the right skills.”

Get skills. Create your own personal economic recovery.


Why Manufacturing? The Earnings of New Hires In Manufacturing

August 29, 2013

U.S. Department of Commerce Economics and Statistics Administration just released a new report that describes why manufacturing jobs are good jobs using compelling facts and data from the Quarterly Workforce Indicators report. 

New hires in the manufacturing sector fare better than new hires in other industries.

  • New hires in manufacturing enjoy an earnings premium relative to other new hires. This premium peaked during the recession but has returned to near its pre-recession average. At the end of 2011, the manufacturing earnings premium for new hires stood at about 38 percent.
  • At the end of 2011, the ratio of new hire earnings to incumbent earnings was about 8 percentage points higher in manufacturing than in other industries.
  • Over time, the earnings of new hires relative to incumbents have been consistently higher in manufacturing. From 2000 to 2011, the earnings of new hires were about 70 percent of incumbents’ earnings in manufacturing, compared to an average of 60 percent in other industries.
  • Since the recession began, real average earnings for new hires in manufacturing grew 3.5 percent, while earnings of incumbents in manufacturing grew about 2.4 percent. Over the same time, real earnings for hires in other industries were flat, and earnings for incumbents in other industries declined.

We have reported before about the difficulties of recent college grads to find meaningful employment, and that trend is widely reported in the press.

So imagine our delight to see authoritative statistics from the Dept. Of Commerce, with data from the Quarterly Workforce Indicators report, cross checked and validated against the Current Population Survey, that confirm that manufacturing new hires consistently earn a premium over others in other industries!

How big a deal is the earnings premium?

earnings premium figure 1

Figure 1 illustrates the earnings premium, that is, the average percentage earnings gap enjoyed by new hires in manufacturing compared to new hires in other industries. Prior to the recession, earnings of new hires in manufacturing were about 37 percent higher than new hire earnings in other industries. The premium for new hires in manufacturing began to increase in 2008, peaking at just over 50 percent in 2010. The premium has declined during the recovery but remains above its pre-recession level.

Looking for a career? Looking for Earnings?

The opportunities in manufacturing are convincing.

About a career in Precision Machining.

Find training near you.

 Earnings of New Hires In Manufacturing report from Dept. of Commerce