Economy

Though Rosie the Riveter and a multitude of her sisters proved that women were perfectly capable of working in manufacturing when the men were called to serve during World War II, many of these patriotic women graciously stepped aside to allow the returning soldiers to resume their jobs. Since then, the number of women in manufacturing jobs has yet to recover. According to a 2015 report by consultancy Deloitte LLP, in conjunction with The Manufacturing Institute and the APICS Supply Chain Council, women hold only 27 percent of U.S. manufacturing jobs, even though they make up 47 percent of the total labor force. “Women are underrepresented in every manufacturing sector in the U.S.,” the report stated.

... in these golden years,” crooned the late David Bowie in one of his smash hits. The term “golden years” is also used in Albert B. Albrecht’s book “The American Machine Tool Industry: Its History, Growth, Restructuring & Recovery,” which he revised in 2015 for the third edition. AMT—The Association For Manufacturing Technology sponsored the book. Albrecht defines the golden years of the machine tool industry as being from 1948 to 1998. “It was during this period that the United States machine tool industry led the world in both machine tool production and consumption,” Albrecht wrote.

Whether your shop is busy or struggling to survive a downturn, employees are your best asset. We’ve had to downsize over the past few months, but a good group remains. Many are handling new tasks, but a reengineering of employees’ tasks can be beneficial, driving everyone to work smarter, not harder. It is working well so far, thanks to everyone picking up the slack created by the departed employees.