Engine, turbine, & power transmission equipment manufacturing

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Workforce
99.6k
2019 BLS Estimate
Average Employee Age
43.7
Estimated Job Growth
0.602%
10-Year Projection
Average Salary
$72,994
Average Male Salary
$78,677
Average Female Salary
$53,130

About

The top three occupations in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Other assemblers and fabricators, Mechanical engineers, Machinists, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, and Other managers. On average, full-time employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group work 44.4 hours per week and have an average annual salary of $74,495. Part-time employees in the same industry work 22.7 hours and earn an average annual salary of $32,138.

The locations with the highest concentration of employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Columbus City PUMA, IN, Sheboygan County PUMA, WI, and Chautauqua County PUMA, NY. The industry that purchases the most products or services from the Hospitals Industry Group is Engine, turbine, & power transmission equipment manufacturing .

Workforce

A snapshot of jobs, wages, and opportunities in the Engine, turbine, & power transmission equipment manufacturing Industry Group. Other assemblers and fabricators are the most common position, but the Engine, turbine, & power transmission equipment manufacturing Industry Group employs a relatively high number of Engine & other machine assemblers, compared to other industries. 

The highest average salary in Engine, turbine, & power transmission equipment manufacturing goes to Architectural & engineering managers.

Monthly Employment

Start Year
Y-Axis
0%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 15.5k people employed in the Engine, Turbine, and Power Transmission Equipment Manufacturing industry. This represents a 0% change in employment when compared to May 2020.

This chart shows monthly employment numbers for Engine, Turbine, and Power Transmission Equipment Manufacturing over time (non-seasonally adjusted).

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Occupations

Occupations by Share

99.6k
Workforce (BLS Estimate)
ACS Estimate: 89.2k
11.2%
1 Year Growth
± 10.7%

The Bureau of Labor Statistics estimates that there were 99.6k people employed in the Engine, turbine, & power transmission equipment manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Engine, turbine, & power transmission equipment manufacturing Industry Group has been growing at a rate of 11.2%, , from 80.2k people in 2018 to 89.2k people in 2019.

The following graphic shows the share of employment in Engine, turbine, & power transmission equipment manufacturing by various occupations according to ACS estimates. Other assemblers and fabricators represent the largest share of positions held in Engine, turbine, & power transmission equipment manufacturing at 11.2%, followed by Mechanical engineers with 10.8% and Machinists with 5.72%.

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Most Common

The most common occupations in the Engine, turbine, & power transmission equipment manufacturing Industry Group, by number of employees, are Other assemblers and fabricators, Mechanical engineers, Machinists, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, and Other managers.

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Most Specialized

Compared to other Industry Groups, Engine, turbine, & power transmission equipment manufacturing employs an unusually high number of Engine & other machine assemblers, Mechanical engineers, and Machinists.

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Highest Paid

The highest paid occupations in Engine, turbine, & power transmission equipment manufacturing , by average wage, are Architectural & engineering managers, Chief executives & legislators, and Financial managers.

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Wages

Average Salary

$72,994
AVERAGE WAGE
± $4,845

On average, employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group make $72,994 per year. This number makes Engine, turbine, & power transmission equipment manufacturing the 55 highest paying Industry Group in the United States out of a total of 269 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 Engine, turbine, & power transmission equipment manufacturing Industry Group.

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Wage Distribution

0.369
WAGE GINI

Engine, turbine, & power transmission equipment manufacturing has a wage GINI of 0.369, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Engine, turbine, & power transmission equipment 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 Engine, turbine, & power transmission equipment manufacturing Industry Group.

These are locations that employ more people in the Engine, turbine, & power transmission equipment manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Engine, turbine, & power transmission equipment manufacturing Industry Group.

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Diversity

Demographic information on the Engine, turbine, & power transmission equipment manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $78,677 and $53,130. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

19.8k
FEMALE WORKFORCE
±3.46k
69.3k
MALE WORKFORCE
±6.46k

77.8% of workers in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Engine, turbine, & power transmission equipment manufacturing Industry Group.

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Wage by Gender in Common Jobs

$78,677
AVERAGE MALE SALARY
±$5,695
$53,130
AVERAGE FEMALE SALARY
±$7,923

On average, Male workers in the Engine, turbine, & power transmission equipment manufacturing Industry Group make 1.48 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Engine, turbine, & power transmission equipment manufacturing 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. Two or More Races

On average, Asian employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group earn 1.38 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 Engine, turbine, & power transmission equipment manufacturing Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Engine, turbine, & power transmission equipment 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 Engine, turbine, & power transmission equipment manufacturing Industry Group, and the largest industry purchasing services from the Engine, turbine, & power transmission equipment 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 Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.
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Intermediate Inputs

The closest comparable data for Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.

The Engine, turbine, & power transmission equipment 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 closest comparable data for Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.

The Manufacturing Industry purchases the greatest share of products and services from the Engine, turbine, & power transmission equipment manufacturing Industry Group in order to produce other goods and services. Purchases of the Engine, turbine, & power transmission equipment manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Turbine and power transmission equipment mfg. industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Turbine and power transmission equipment mfg. industry has a lower projected workforce growth at 0.602%. Its projected 10-year growth in output (16%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Turbine and power transmission equipment mfg..
0.602%
Estimated Job Growth
10-year Projection
7.66%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Turbine and power transmission equipment mfg.. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

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Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Turbine and power transmission equipment mfg..
16%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Turbine and power transmission equipment mfg. industry.

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