Machining and the economy...

I guess right now, many of you are probably wondering what the current and future domestic economic situation holds for you.

If you're an employer, you're concerned about future contracts, and getting paid for work already completed... not to mention if you will eventually have to let go of some of your employees. What do you do? It may be a little late, but one of the things I use to do when times were good was to always keep some sort of idea brewing on the back burner. When things got a little slow, I would devote some time to that idea. How to develop it, what my target market would be, how to get that product in the hands of potential consumers. And the list went on and on. The main thing you're concerned with is keeping those spindles going and the parts coming off the machines. When that stops, everyone is in a world of hurt.

You employees, you're in a tight spot. You really don't want to leave the job you currently hold because the next job may be only temporary. At least with your current job, you know what you have. But keep your ears open and your resume up-to-date. You just never know. Its far better to be prepared and not need the resume than it is to scramble around and get one together on short notice. Also, be sure to maintain your friendships from past shops. Past co-workers can be some of your strongest leads in acquiring new employment elsewhere.

I'd like to hear from the employers and machinist employees. Give me some feedback about how the current market conditions are affecting your niche of the local machining market. I won't use your company's name or your name (unless I have expressed written consent). If I can be of help in possibly directing some of the laid off machinists in obtaining new employment, I'd be glad to try. I make no promises.

God Bless!