Metalworking machinery manufacturing

Industry Group

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Workforce

180k

2019 BLS Estimate

Average Employee Age

46.3

Estimated Job Growth

−0.89%

10-Year Projection

Average Salary

$59,822

Average Male Salary

$62,851

Average Female Salary

$62,677

About

The top three occupations in the Metalworking machinery manufacturing Industry Group are Machinists, Tool & die makers, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Mechanical engineers, and Other assemblers and fabricators. On average, full-time employees in the Metalworking machinery manufacturing Industry Group work 44.6 hours per week and have an average annual salary of $61,970. Part-time employees in the same industry work 21.6 hours and earn an average annual salary of $25,650.

The locations with the highest concentration of employees in the Metalworking machinery manufacturing Industry Group are Crawford & Warren Counties PUMA, PA, Kent County (North) PUMA, MI, and Winnebago (Northeast) & Boone Counties PUMA, IL. The industry that purchases the most products or services from the Hospitals Industry Group is Metalworking machinery manufacturing.

Photo by Andrew Stawarz

Manufacturing

Workforce

A snapshot of jobs, wages, and opportunities in the Metalworking machinery manufacturing Industry Group. Machinists are the most common position, but the Metalworking machinery manufacturing Industry Group employs a relatively high number of Tool & die makers, compared to other industries.

The highest average salary in Metalworking machinery manufacturing goes to Chief executives & legislators.

Monthly Employment

Start Year

Y-Axis

5.76%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 64.3k people employed in the Metalworking Machinery Manufacturing industry. This represents a 5.76% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Metalworking Machinery Manufacturing over time (non-seasonally adjusted).

Occupations

Occupations by Share

180k

Workforce (BLS Estimate)

ACS Estimate: 141k

−4.16%

1 Year Growth

± 9.56%

The Bureau of Labor Statistics estimates that there were 180k people employed in the Metalworking machinery manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Metalworking machinery manufacturing Industry Group has been declining at a rate of −4.16%, , from 147k people in 2019 to 141k people in 2020.

The following graphic shows the share of employment in Metalworking machinery manufacturing by various occupations according to ACS estimates. Machinists represent the largest share of positions held in Metalworking machinery manufacturing at 10.1%, followed by Tool & die makers with 9.62% and Miscellaneous metal workers & plastic workers, including multiple machine tool setters with 6.24%.

Most Common

The most common occupations in the Metalworking machinery manufacturing Industry Group, by number of employees, are Machinists, Tool & die makers, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Mechanical engineers, and Other assemblers and fabricators.

Most Specialized

Compared to other Industry Groups, Metalworking machinery manufacturing employs an unusually high number of Tool & die makers, Engine & other machine assemblers, and Computer numerically controlled tool operators and programmers.

Highest Paid

The highest paid occupations in Metalworking machinery manufacturing, by average wage, are Chief executives & legislators, Architectural & engineering managers, and Management analysts.

Wages

Average Salary

$59,822

AVERAGE WAGE

± $3,154

On average, employees in the Metalworking machinery manufacturing Industry Group make $59,822 per year. This number makes Metalworking machinery manufacturing the 107 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

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 Metalworking machinery manufacturing Industry Group.

Wage Distribution

0.34

WAGE GINI

Metalworking machinery manufacturing has a wage GINI of 0.34, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Metalworking machinery manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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 Metalworking machinery manufacturing Industry Group.

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

Diversity

Demographic information on the Metalworking machinery manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $62,851 and $62,677. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

24.1k

FEMALE WORKFORCE

±3.81k

117k

MALE WORKFORCE

±8.38k

82.9% of workers in the Metalworking machinery manufacturing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Metalworking machinery manufacturing Industry Group.

Wage by Sex in Common Jobs

$62,851

AVERAGE MALE SALARY

±$3,618

$62,677

AVERAGE FEMALE SALARY

±$3,697

On average, Male workers in the Metalworking machinery manufacturing Industry Group make 1 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Metalworking machinery manufacturing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

White
Two or More Races
Asian

On average, White employees in the Metalworking machinery manufacturing Industry Group earn 1.03 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 Metalworking machinery manufacturing Industry Group.

Input/Output

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

In this flow diagram, 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 Metalworking machinery manufacturing is from Manufacturing.

Intermediate Inputs

The closest comparable data for Metalworking machinery manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Metalworking machinery 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.

Use of Output by Other Industries

The closest comparable data for Metalworking machinery manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Projections

Growth projections of the Metalworking machinery manufacturing 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 Metalworking machinery manufacturing industry has a lower projected workforce growth at −0.89%. Its projected 10-year growth in output (7.17%) is lower than the projected national growth in output (24.2%).

Job Growth

−0.89%

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 Metalworking machinery manufacturing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.