Word: brianing
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...Eaton Manufacturing plant in Roxboro, N.C., makes a 3-in. gadget called a lash adjuster that keeps pressure constant on engine valves, increasing fuel efficiency. Last year Brian Whitfield, a supply-chain analyst at the factory, had plenty of work scheduling orders for raw materials, components and packaging. But with the collapse of GM and Chrysler, business ground to a halt, and when Whitfield arrived at his cubicle on Jan. 20, he found an e-mail from management announcing layoffs. He looked around and saw people leaving, carrying boxes. Then his boss called him into the conference room. "Basically...
...take. Fortunately, Whitfield has a wife, Debbie, who earns $39,000 a year as an accountant for the local county government. The couple didn't have to worry about losing their cozy, well-kept home or being able to take care of their 4-year-old son Logan. After Brian's eight-week severance ran out, he started collecting unemployment insurance and the Whitfields began reining in spending to cover what they expect will be a 40% drop in income this year. (See how Americans are spending...
...second-to-last row of Roxboro Baptist, the Whitfields try to listen to the sermon, but Brian's mind wanders. Last autumn, Debbie warned Brian that the ax might fall. She grew up in Flint, Mich., the granddaughter of a man who participated in the landmark 1936-37 sit-down strike at GM's Fisher body plant that established industrial-labor-organizing rights in America. But she saw her father and uncle go down with the automakers. "When they shut down the Fisher plant [in 1987], everything within a two-to-three-block radius closed down: bars, restaurants, gas stations...
...After he lost his job, Brian went to the Roxboro office of North Carolina's Employment Security Commission and met with Roxie Russell, the branch manager. She suggested that he go back to school. Even if Brian could afford it, he doesn't want to start a two-year M.B.A. program only to drop it when a job comes along. He has focused his efforts instead on looking for work, so far without success. He keeps his spirits up by looking after Logan and coaching Little League...
...meantime, the family is trying to save. Brian's father, a barber with a shop opposite the courthouse, has some farmland outside of town. Brian planted a garden and takes home vegetables; Debbie calculates that they have shaved $125 a month off their grocery bill, but most of their savings come from other cutbacks. They dropped their membership at the local country club, saving $110 a month. They no longer spend $350 to $400 per month on babysitting now that Brian looks after Logan. Their weekly dinner date? Gone, saving another $175 or so per month...