Commercial, industrial & other intangible assets rental & leasing

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Workforce

2.14M

2016 BLS Estimate

Average Employee Age

42.2

Estimated Job Growth

0.6%

10-Year Projection

Average Salary

$63,165

Average Male Salary

$65,711

Average Female Salary

$55,659

About

Workforce

Diversity

Input/Output

Projections

About

The top three occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Firstline supervisors of nonretail sales workers, Sales representatives, services, all other, Driver/sales workers & truck drivers, Heavy vehicle & mobile equipment service technicians & mechanics, and Miscellaneous legal support workers. On average, full-time employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group work 45.8 hours per week and have an average annual salary of $66,430. Part-time employees in the same industry work 21.4 hours and earn an average annual salary of $29,726.

The locations with the highest concentration of employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Iberia, St. Mary & St. Martin Parishes PUMA, LA, Deer Park, La Porte (North) Cities & Channelview PUMA, TX, and Springfield (South), West Springfield & Franconia PUMA, VA. The industry that purchases the most products or services from the Hospitals Industry Group is Commercial, industrial & other intangible assets rental & leasing.

Photo by Sherwood CC

Finance & Insurance, and Real Estate, Rental & LeasingReal Estate, Rental & Leasing

Workforce

A snapshot of jobs, wages, and opportunities in the Commercial, industrial & other intangible assets rental & leasing Industry Group. Firstline supervisors of nonretail sales workers are the most common position, but the Commercial, industrial & other intangible assets rental & leasing Industry Group employs a relatively high number of Counter & rental clerks, compared to other industries. 

The highest average salary in Commercial, industrial & other intangible assets rental & leasing goes to Chief executives & legislators.

Occupations

Occupations by Share

2.14M

Workforce (BLS Estimate)

ACS Estimate: 116k

-5.38%

1 Year Growth

± 10.6%

The Bureau of Labor Statistics estimates that there were 2.14M people employed in the Commercial, industrial & other intangible assets rental & leasing Industry Group in 2016.

According to ACS estimates, the number of people employed in the Commercial, industrial & other intangible assets rental & leasing Industry Group has been declining at a rate of -5.38%, , from 123k people in 2016 to 116k people in 2017.

The following graphic shows the share of employment in Commercial, industrial & other intangible assets rental & leasing by various occupations according to ACS estimates. Firstline supervisors of nonretail sales workers represent the largest share of positions held in Commercial, industrial & other intangible assets rental & leasing at 7.81%, followed by Sales representatives, services, all other with 7.64% and Driver/sales workers & truck drivers with 6.35%.

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Most Common

The most common occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group, by number of employees, are Firstline supervisors of nonretail sales workers, Sales representatives, services, all other, Driver/sales workers & truck drivers, Heavy vehicle & mobile equipment service technicians & mechanics, and Miscellaneous legal support workers.

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Most Specialized

Compared to other Industry Groups, Commercial, industrial & other intangible assets rental & leasing employs an unusually high number of Counter & rental clerks, Riggers, and Miscellaneous legal support workers.

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Highest Paid

The highest paid occupations in Commercial, industrial & other intangible assets rental & leasing, by average wage, are Chief executives & legislators, Accountants & auditors, and Lawyers, & judges, magistrates, & other judicial workers.

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Wages

Average Salary

$63,165

AVERAGE WAGE

± $4,288

On average, employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group make $63,165 per year. This number makes Commercial, industrial & other intangible assets rental & leasing the 72 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

HIGHEST PAYING PUMAS

  1. South of I-10 & Inside Loop I-610 PUMA, TX

  2. Burke PUMA, VA

  3. West Central Texas COG (Outside Taylor County) PUMA, TX

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

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Wage Distribution

0.404

WAGE GINI

Commercial, industrial & other intangible assets rental & leasing has a wage GINI of 0.404, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Commercial, industrial & other intangible assets rental & leasing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

  1. Iberia, St. Mary & St. Martin Parishes PUMA, LA

  2. Deer Park, La Porte (North) Cities & Channelview PUMA, TX

  3. Springfield (South), West Springfield & Franconia PUMA, VA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

These are locations that employ more people in the Commercial, industrial & other intangible assets rental & leasing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Commercial, industrial & other intangible assets rental & leasing Industry Group.

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Diversity

Demographic information on the Commercial, industrial & other intangible assets rental & leasing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $65,711 and $55,659. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

29.4k

FEMALE WORKFORCE

±4.21k

86.6k

MALE WORKFORCE

±7.22k

74.7% of workers in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Commercial, industrial & other intangible assets rental & leasing Industry Group.

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Wage by Gender in Common Jobs

$65,711

AVERAGE MALE SALARY

±$5,202

$55,659

AVERAGE FEMALE SALARY

±$7,058

On average, Male workers in the Commercial, industrial & other intangible assets rental & leasing Industry Group make 1.18 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. Asian

  2. White

  3. Other

On average, Asian employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group earn 1.58 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 Commercial, industrial & other intangible assets rental & leasing Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Commercial, industrial & other intangible assets rental & leasing 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 Commercial, industrial & other intangible assets rental & leasing Industry Group, and the largest industry purchasing services from the Commercial, industrial & other intangible assets rental & leasing Industry Group is Educational services, health care, and social assistance.

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 Commercial, industrial & other intangible assets rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

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Intermediate Inputs

HIGHEST INPUT INDUSTRY

  1. Manufacturing

  2. Professional and business services

  3. Finance, insurance, real estate, rental, and leasing

The Commercial, industrial & other intangible assets rental & leasing 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

LARGEST PURCHASING INDUSTRY

  1. Educational services, health care, and social assistance

  2. Professional and business services

  3. Finance, insurance, real estate, rental, and leasing

The Educational services, health care, and social assistance Industry purchases the greatest share of products and services from the Commercial, industrial & other intangible assets rental & leasing Industry Group in order to produce other goods and services. Purchases of the Commercial, industrial & other intangible assets rental & leasing Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Commercial, industrial & other intangible assets rental & leasing 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 Commercial, industrial & other intangible assets rental & leasing Industry Group has a lower projected workforce growth at 0.6%. Its projected 10-year growth in output (2.4%) is lower than the projected national growth in output (24.6%).

Job Growth

0.6%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Commercial, industrial & other intangible assets rental & leasing Industry Group, which is lower than the national average of 8.13%.

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Output Growth

2.4%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Commercial, industrial & other intangible assets rental & leasing Industry Group, which is lower than the national average of 24.6%

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