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

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Workforce
362k
2018 BLS Estimate
Average Employee Age
45.7
Average Salary
$50,910
Average Male Salary
$52,706
Average Female Salary
$40,171

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 numerically controlled tool operators and programmers, Other managers, and Inspectors, testers, sorters, samplers, & weighers. 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 $53,279. Part-time employees in the same industry work 21.8 hours and earn an average annual salary of $23,897.

The locations with the highest concentration of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are Waterbury Town PUMA, CT, Jefferson County (North) PUMA, MO, and Andover, Ramsey, Anoka & East Bethel 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 Sheet metal workers.

Monthly Employment

Start Year
Y-Axis
-13%
Year-over-year decline
Employment change between November 2019 and November 2020

As of November 2020, there are 95.5k people employed in the Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry. This represents a -13% decrease in employment when compared to November 2019.

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

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Occupations

Occupations by Share

362k
Workforce (BLS Estimate)
ACS Estimate: 341k
8.48%
1 Year Growth
± 5.59%

The Bureau of Labor Statistics estimates that there were 362k people employed in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in 2018.

According to ACS estimates, the number of people employed in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group has been growing at a rate of 8.48%, , from 315k people in 2018 to 341k people in 2019.

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 28.2%, followed by Miscellaneous metal workers & plastic workers, including multiple machine tool setters with 11.6% and Computer numerically controlled tool operators and programmers with 6.76%.

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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 numerically controlled tool operators and programmers, and Other machine tool setters, operators, and tenders, metal and plastic.

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Highest Paid

The highest paid occupations in Machine shops; turned product; screw, nut & bolt manufacturing , by average wage, are Sheet metal workers, Architectural & engineering managers, and Chief executives & legislators.

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Wages

Average Salary

$50,910
AVERAGE WAGE
± $1,617

On average, employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make $50,910 per year. This number makes Machine shops; turned product; screw, nut & bolt manufacturing the 159 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 Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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Wage Distribution

0.322
WAGE GINI

Machine shops; turned product; screw, nut & bolt manufacturing has a wage GINI of 0.322, 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).

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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 $52,706 and $40,171. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

48.9k
FEMALE WORKFORCE
±5.43k
292k
MALE WORKFORCE
±13.3k

85.7% 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

$52,706
AVERAGE MALE SALARY
±$1,809
$40,171
AVERAGE FEMALE SALARY
±$2,958

On average, Male workers in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make 1.31 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. Two or More Races
  3. White

On average, American Indian employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group earn 1.18 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 closest comparable data for Machine shops; turned product; screw, nut & bolt manufacturing is from Manufacturing.

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

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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