Editor-in-Chief
- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
Help wanted in hiring
- By Dan Davis
- May 31, 2013
As I showed him where the facilities were, he turned and asked what happened to the receptionist who used to sit at the front desk. I told him that our organization downsized a bit after the start of the Great Recession, and we learned that we could do more with less. He nodded his head and responded, "I think a lot of companies learned that, and that's what's keeping companies from hiring more people."
That bus driver didn't have an economics degree, but his observation is absolutely correct. Businesses don't want to hire any full-time employees unless they absolutely have to. It keeps them lean and helps them to be more flexible in the face of the next economic downturn.
That's why you see much more of a reliance on temporary employees. They can be trimmed much more easily from a workforce, and they don't carry the same health care costs as a full-time hire would. It's the nature of the work world today.
Not only are manufacturing companies not hiring at the level they once did, but they also are paying employees less than they did before the downturn. In fact, raises aren't keeping up with inflation.
If people aren't earning more money, they aren't buying as much. If they aren't purchasing as much, the U.S. economy—which is heavily dependent on consumer spending—drags. When the economy is slow, companies don't expand. Do you see the circle of stagnation developing?
Of course, the housing industry is rebounding, but it faces its own growth issues. Also, it's highly unlikely people will be able to leverage their homes like they did in the past to finance luxury purchases. There is hope in housing, but it won't be a lightning fix for the lack of job growth.
That leaves the U.S. on a treadmill, not a path, to prosperity. The scenery isn't going to change that much in the foreseeable future.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscriptionAbout the Author
Dan Davis
2135 Point Blvd.
Elgin, IL 60123
815-227-8281
Dan Davis is editor-in-chief of The Fabricator, the industry's most widely circulated metal fabricating magazine, and its sister publications, The Tube & Pipe Journal and The Welder. He has been with the publications since April 2002.
- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
Steel industry reacts to Nucor’s new weekly published HRC price
How to set a press brake backgauge manually
Capturing, recording equipment inspection data for FMEA
Are two heads better than one in fiber laser cutting?
Hypertherm Associates implements Rapyuta Robotics AMRs in warehouse
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI