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

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Workforce

353k

2016 BLS Estimate

Average Employee Age

45.7

Estimated Job Growth

0%

10-Year Projection

Average Salary

$50,188

Average Male Salary

$52,357

Average Female Salary

$37,653

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, Computer control programmers & operators, Firstline supervisors of production & operating workers, and Miscellaneous managers. On average, full-time employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group work 44.3 hours per week and have an average annual salary of $52,142. Part-time employees in the same industry work 22.1 hours and earn an average annual salary of $27,718.

The locations with the highest concentration of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are Winnebago (Northeast) & Boone Counties PUMA, IL, Bucks County (North) PUMA, PA, and Coon Rapids, Fridley & Columbia Heights Cities PUMA, MN. The industry that purchases the most products or services from the Hospitals Industry Group is Machine shops; turned product; screw, nut & bolt manufacturing .

Workforce

A snapshot of jobs, wages, and opportunities in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group. Machinists are the most common position, but the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group employs a relatively high number of Machinists, compared to other industries. 

The highest average salary in Machine shops; turned product; screw, nut & bolt manufacturing goes to Chief executives & legislators.

Occupations

Occupations by Share

353k

Workforce (BLS Estimate)

ACS Estimate: 310k

-5%

1 Year Growth

± 6.48%

The Bureau of Labor Statistics estimates that there were 353k people employed in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in 2016.

According to ACS estimates, the number of people employed in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group has been declining at a rate of -5%, , from 326k people in 2016 to 310k people in 2017.

The following graphic shows the share of employment in Machine shops; turned product; screw, nut & bolt manufacturing by various occupations according to ACS estimates. Machinists represent the largest share of positions held in Machine shops; turned product; screw, nut & bolt manufacturing at 31.7%, followed by Miscellaneous metal workers & plastic workers, including multiple machine tool setters with 9.08% and Computer control programmers & operators with 6.56%.

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Most Common

The most common occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group, by number of employees, are Machinists, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Computer control programmers & operators, Firstline supervisors of production & operating workers, and Miscellaneous managers.

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Most Specialized

Compared to other Industry Groups, Machine shops; turned product; screw, nut & bolt manufacturing employs an unusually high number of Machinists, Computer control programmers & operators, and Tool & die makers.

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Highest Paid

The highest paid occupations in Machine shops; turned product; screw, nut & bolt manufacturing , by average wage, are Chief executives & legislators, Financial managers, and General & operations managers.

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Wages

Average Salary

$50,188

AVERAGE WAGE

± $2,022

On average, employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make $50,188 per year. This number makes Machine shops; turned product; screw, nut & bolt manufacturing the 141 highest paying Industry Group in the United States out of a total of 266 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Wage Distribution

0.351

WAGE GINI

Machine shops; turned product; screw, nut & bolt manufacturing has a wage GINI of 0.351, which is less than than the national average of 0.479. In other words, wages are distributed less 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).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

These are locations that employ more people in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Diversity

Demographic information on the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $52,357 and $37,653. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

45.7k

FEMALE WORKFORCE

±5.25k

264k

MALE WORKFORCE

±12.6k

85.2% of workers in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Wage by Gender in Common Jobs

$52,357

AVERAGE MALE SALARY

±$2,271

$37,653

AVERAGE FEMALE SALARY

±$3,623

On average, Male workers in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make 1.39 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. American Indian

  2. White

  3. Asian

On average, American Indian employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group earn 1.13 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Input/Output

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. 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 visualization, click on a category to expand or collapse it. 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.

Industrial Flow

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

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Intermediate Inputs

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.

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Use of Output by Other Industries

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.

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Projections

Growth projections of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 8.13% in the next ten years. The Machine shops; turned product; screw, nut & bolt manufacturing Industry Group has a lower projected workforce growth at 0%. Its projected 10-year growth in output (2%) is lower than the projected national growth in output (24.6%).

Job Growth

0%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group, which is lower than the national average of 8.13%.

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Output Growth

2%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group, which is lower than the national average of 24.6%

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