Foundries

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Workforce

120k

2018 BLS Estimate

Average Employee Age

44.6

Estimated Job Growth

-1.7%

10-Year Projection

Average Salary

$56,918

Average Male Salary

$60,084

Average Female Salary

$40,689

About

Workforce

Diversity

Input/Output

Projections

About

The top three occupations in the Foundries Industry Group are Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Model makers, patternmakers, & molding machine setters, metal & plastic, Firstline supervisors of production & operating workers, Laborers & freight, stock, & material movers, hand, and Miscellaneous production workers, including semiconductor processors. On average, full-time employees in the Foundries Industry Group work 44.8 hours per week and have an average annual salary of $58,167. Part-time employees in the same industry work 23.6 hours and earn an average annual salary of $20,897.

The locations with the highest concentration of employees in the Foundries Industry Group are East Central Wisconsin PUMA, WI, White, Jackson, Prairie & Woodruff Counties PUMA, AR, and Columbiana County PUMA, OH. The industry that purchases the most products or services from the Hospitals Industry Group is Foundries.

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Manufacturing Manufacturing

Workforce

A snapshot of jobs, wages, and opportunities in the Foundries Industry Group. Miscellaneous metal workers & plastic workers, including multiple machine tool setters are the most common position, but the Foundries Industry Group employs a relatively high number of Model makers, patternmakers, & molding machine setters, metal & plastic, compared to other industries.

The highest average salary in Foundries goes to Chief executives & legislators.

Occupations

Occupations by Share

120k

Workforce (BLS Estimate)

ACS Estimate: 90k

2.21%

1 Year Growth

± 11.4%

The Bureau of Labor Statistics estimates that there were 120k people employed in the Foundries Industry Group in 2018.

According to ACS estimates, the number of people employed in the Foundries Industry Group has been growing at a rate of 2.21%, , from 88k people in 2017 to 90k people in 2018.

The following graphic shows the share of employment in Foundries by various occupations according to ACS estimates. Miscellaneous metal workers & plastic workers, including multiple machine tool setters represent the largest share of positions held in Foundries at 10.6%, followed by Model makers, patternmakers, & molding machine setters, metal & plastic with 7.52% and Firstline supervisors of production & operating workers with 7.26%.

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Most Common

The most common occupations in the Foundries Industry Group, by number of employees, are Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Model makers, patternmakers, & molding machine setters, metal & plastic, Firstline supervisors of production & operating workers, Laborers & freight, stock, & material movers, hand, and Miscellaneous production workers, including semiconductor processors.

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Most Specialized

Compared to other Industry Groups, Foundries employs an unusually high number of Model makers, patternmakers, & molding machine setters, metal & plastic, Metal furnace operators, tenders, pourers, & casters, and Grinding, lapping, polishing, and buffing machine tool setters, operators, and tenders, metal and plastic.

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Highest Paid

The highest paid occupations in Foundries, by average wage, are Chief executives & legislators, Financial managers, and Other managers.

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Wages

Average Salary

$56,918

AVERAGE WAGE

± $4,699

On average, employees in the Foundries Industry Group make $56,918 per year. This number makes Foundries the 107 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

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Foundries Industry Group.

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Wage Distribution

0.352

WAGE GINI

Foundries has a wage GINI of 0.352, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Foundries (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

This map shows the PUMAs in the United States that have revealed comparative advantage in the Foundries Industry Group.

These are locations that employ more people in the Foundries Industry Group than expected given both the size of that location's overall labor pool and the national size of the Foundries Industry Group.

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Diversity

Demographic information on the Foundries Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $60,084 and $40,689. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

14.7k

FEMALE WORKFORCE

±2.98k

75.3k

MALE WORKFORCE

±6.73k

83.7% of workers in the Foundries Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Foundries Industry Group.

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Wage by Gender in Common Jobs

$60,084

AVERAGE MALE SALARY

±$5,512

$40,689

AVERAGE FEMALE SALARY

±$4,205

On average, Male workers in the Foundries 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 Foundries Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

White
Asian
Black

On average, White employees in the Foundries Industry Group earn 1.04 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 Foundries Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Foundries 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 Foundries Industry Group, and the largest industry purchasing services from the Foundries 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 Foundries is from Manufacturing.

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Intermediate Inputs

The closest comparable data for Foundries is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Foundries 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 Foundries is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

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Projections

Growth projections of the foundries industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 6.89% in the next ten years. The foundries industry has a lower projected workforce growth at -1.7%. Its projected 10-year growth in output (0.3%) is lower than the projected national growth in output (22.9%).