Machine shops; turned product; screw, nut & bolt manufacturing

Industry Group

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Workforce Population

322k

2022

Average Employee Age

45.8

2022

Estimated Job Growth

0.858%

10-Year Projection

Average Salary

$59,905

2022

Average Male Salary

$62,250

2022

Average Female Salary

$46,679

2022

About

The top three occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are machinists, miscellaneous metal workers & plastic workers, including multiple machine tool setters, and computer numerically controlled tool operators and programmers. On average, full-time employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group work 44.1 hours per week and have an average annual salary of $62,624. Part-time employees in the same industry work 22 hours and earn an average annual salary of $28,441.

The locations with the highest concentration of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are Lake County (West)--Willoughby, Eastlake, Willowick & Wickliffe Cities PUMA, OH, Anoka County (Southwest)--Coon Rapids, Fridley, Columbia Heights & Anoka Cities PUMA, MN, and Dodge & Jefferson Counties PUMA, WI.

The workforce of Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in 2022 was 322,424 people, with 15.1% woman, and 84.9% men.

In 2022, 81.2% of the workforce in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group was White (261,782 people), of which 14.4% were women and 85.6% men.

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

The workforce in Machine shops; turned product; screw, nut & bolt manufacturing Industry Group was 322,424 people and is concentrated in California (33,613 workers). The average annual salary was $59,905, being $4,778 less than the national average salary, which was $64,683.

Monthly Employment

Start Year

Y-Axis

0.79%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 102k people employed in the Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry. This represents a 0.79% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2022 were California (33.6k), Ohio (26.1k), and Michigan (23k).

This map shows the states in the United States shaded by workforce for Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Yearly Wage Ranking

In 2022, Machine shops; turned product; screw, nut & bolt manufacturing Industry Group had an average annual wage of $59,905, $4,778 less than the average national salary of $64,683.

The graph shows the position of Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.338

WAGE GINI

Machine shops; turned product; screw, nut & bolt manufacturing has a wage GINI of 0.338, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Machine shops; turned product; screw, nut & bolt manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Machine shops; turned product; screw, nut & bolt manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Machinists are the most common position with 91,722 workers, but the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group employs a relatively high number of Miscellaneous metal workers & plastic workers, including multiple machine tool setters and Computer numerically controlled tool operators and programmers.

The highest average salary in Machine shops; turned product; screw, nut & bolt manufacturing goes to Training & development specialists.

Occupations Distribution

The graph shows the distribution of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group according to occupations. In 2022, the occupations that concentrated the largest number of employees in this industry were machinists (91,722 people), miscellaneous metal workers & plastic workers, including multiple machine tool setters (31,112 people), and computer numerically controlled tool operators and programmers (18,506 people)

Wage by Sex in Common Jobs

$62,250

AVERAGE MALE SALARY

±$2,358

$46,679

AVERAGE FEMALE SALARY

±$4,302

On average, Male workers in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make 1.33 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

The Machine shops; turned product; screw, nut & bolt manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

California and Texas stand out as the states with the largest number of establishments in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Industrial Flow

The closest comparable data for Machine shops; turned product; screw, nut & bolt manufacturing is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group, and the largest industry purchasing services from the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group is Manufacturing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Machine shops; turned product; screw, nut & bolt manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Machine shops; turned product; screw, nut & bolt manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Machine shops; turned product; screw, nut & bolt manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

The Manufacturing Industry purchases the greatest share of products and services from the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in order to produce other goods and services. Purchases of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2016

California
5,858
Texas
3,470
Ohio
3,194

The charts shows the distribution of establishments in the Machine shops; turned product; screw, nut & bolt manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in the US.

Of the total workforce, 15.1% corresponds to women and 84.9% men. Male employees tend to earn more than Female employees, with average respective salaries of $62,250 and $46,679.

77.5% of workers have a high school or equivalent, some college or associates degree.

Gender and Age

48,551

Women

15.1%

273,873

Men

84.9%

The workforce of Machine shops; turned product; screw, nut & bolt manufacturing industry in 2022 was 322,424 people, with 15.1% woman, and 84.9% men.

The visualization shows the distribution of the workforce by gender and age in Machine shops; turned product; screw, nut & bolt manufacturing industry.

Races

In 2022, 81.2% of the workforce in the Machine shops; turned product; screw, nut & bolt manufacturing industry was White (261,782 people), of which 14.4% were women and 85.6% men.

Other races that concentrated a significant number of workers were Two or More Races and Other.

Educational Levels

The main educational levels achieved by the Machine shops; turned product; screw, nut & bolt manufacturing workers in 2022 were high school or equivalent (134,790 people), some college (81,048 people), and associates degree (34,117 people).

The chart shows the Machine shops; turned product; screw, nut & bolt manufacturing workforce by gender and educational level.

Projections

Growth projections of the Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 0.858% in the next ten years. The Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry has a lower projected workforce growth at 0.858%. Its projected 10-year growth in output (10.9%) is lower than the projected national growth in output (10.9%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing.

0.858%

Estimated Job Growth

10-year Projection

0.858%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing. This industry is expected to grow approximately the same than 0.858%, the average rate of national job growth.

Output Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing.

10.9%

Estimate Growth

10-year Projection

This line chart shows the projected 10-year growth in output of the Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry.