April 2017 | Craftsman’s Cribsheet #53
Unleaded brasses are not necessarily harder to run than leaded brass. They are just different.
Month: April 2017
The BLS’s Employment Population Ratio was 60.1 in March 2017, its first time back over 60% since February 2009.
February 2009!
This indicator actually shows what it purports to, unlike the U-3 (headline) Unemployment rate.
The U-3 Unemployment rate may actually fall if workers give up looking for work, as the labor market falters. As the labor market is recovering, the U-3 unemployment rate can rise because more people are re- entering the labor force as they start to look for work again.
The Employment-Population ratio, because it is unaffected by voluntary changes in labor force participation, is a useful indicator of current labor market conditions. Lows in the employment-to- population ratio correspond with economic downturns. The employment-to-population ratio holds clear and discernible implications for the labor market, both among and between segments of the population.
The Employment-Population ratio is a useful indicator. And currently, a positive one.
BLS Employment Population Ratio
Actually, a million thank yous! Thanks to readers like you, SPEAKINGOFPRECISIONBLOG has over 1,000,000 views.
1,000,000 views!
Our first post was from June 30, 2009 and remains as relevant to day as it did then: 5 Reasons to choose a Career in Precision Machining
We’ve come quite a way since that very first post!
What do you like?
Our post on The Difference Between Accuracy and Precision Measurement in Your Machine Shop is our most popular with 44,445 views.
Hardness vs. Hardenability- There is a Difference is our second most popular post at 35,780 views.
5 Facts About Manganese in Steel, 7 Causes for Quench Cracking of Steel, and Why Manufacturing is the Right Career Choice- DATA! all came in between 21,000 and 30,000 views each.
Average number of times a post gets seen on PMPASPEAKINGOFPRECISIONBLOG: 1048 times.
1,000,000 is an aspirational number. How many of us get to measure anything that we do in quantities of millions? (Actually, all of our shops do, they call it “normal production!”)
But as an individual, as someone sharing knowledge and experience- 1,000,000 views; 1,000,000 shares of information; 1,000,000 human to human connections- that is an unexpected and very satisfying validation.
Thank you for spending a small part of your day with me here at my blog.
Together, we’ll continue to make sense of the the issues that make a difference to all of us in North American Manufacturing.
Especially Precision Machining.
1,000,000 views!
Do I believe in the power of social media to help us connect and share?
You bet I do! 1,000,000 times YES!
Tooting Own Horn photo credit.
Published April 2017
By Sterling Gill III
Precision machining experts Core Powered, Peel School District and PMPA collaborated to sponsor a “Future of Manufacturing Technology and Talent” event for ninth to 12th grade students at the Hansen School of Technology in Mississauga, Ontario.
Published April 2017
By PMPA Staff
While Hannes Precision was established in Norwalk, Connecticut, in 1973, the company’s roots go back to the 1940s in a small town of 7,000 people in Switzerland.
Published April 2017
By Miles Free III
The precision machining industry, NAICS 332721, is composed of 3,682 shops in the United States. Our shops are also called “job shops” or “contract manufacturers.”