Miscellaneous fabricated metal products manufacturing

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Workforce
1.47M
2018 BLS Estimate
Average Employee Age
44.3
N/A
Estimated Job Growth
-0.3%
10-Year Projection
Average Salary
$53,429
N/A
Average Male Salary
$56,327
N/A
Average Female Salary
$44,183
N/A

About

The top three occupations in the Miscellaneous fabricated metal products manufacturing Industry Group are Welding, soldering, & brazing workers, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, Other assemblers and fabricators, Miscellaneous production workers, including semiconductor processors, and Firstline supervisors of production & operating workers. On average, full-time employees in the Miscellaneous fabricated metal products manufacturing Industry Group work 44 hours per week and have an average annual salary of $54,394. Part-time employees in the same industry work 21 hours and earn an average annual salary of $36,004.

The locations with the highest concentration of employees in the Miscellaneous fabricated metal products manufacturing Industry Group are Elkhart & Goshen Cities PUMA, IN, Greenwood, Abbeville & McCormick Counties PUMA, SC, and Eastlake, Wickliffe, Willoughby & Willowick Cities PUMA, OH. The industry that purchases the most products or services from the Hospitals Industry Group is Miscellaneous fabricated metal products manufacturing.

Workforce

A snapshot of jobs, wages, and opportunities in the Miscellaneous fabricated metal products manufacturing Industry Group. Welding, soldering, & brazing workers are the most common position, but the Miscellaneous fabricated metal products manufacturing Industry Group employs a relatively high number of Structural metal fabricators & fitters, compared to other industries. 

The highest average salary in Miscellaneous fabricated metal products manufacturing goes to Chief executives & legislators.

Monthly Employment

Showing data for the Manufacturing industry sector.
Start Year
Y-Axis
-5.17%
Year-over-year decline
Employment change between November 2019 and November 2020

As of November 2020, there are 12.2M people employed in the Manufacturing industry. This represents a -5.17% decrease in employment when compared to November 2019.

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

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Occupations

Occupations by Share

1.47M
Workforce (BLS Estimate)
ACS Estimate: 341k
-0.317%
1 Year Growth
± 5.95%

The Bureau of Labor Statistics estimates that there were 1.47M people employed in the Miscellaneous fabricated metal products manufacturing Industry Group in 2018.

According to ACS estimates, the number of people employed in the Miscellaneous fabricated metal products manufacturing Industry Group has been declining at a rate of -0.317%, , from 342k people in 2018 to 341k people in 2019.

The following graphic shows the share of employment in Miscellaneous fabricated metal products manufacturing by various occupations according to ACS estimates. Welding, soldering, & brazing workers represent the largest share of positions held in Miscellaneous fabricated metal products manufacturing at 8.52%, followed by Miscellaneous metal workers & plastic workers, including multiple machine tool setters with 7.42% and Other assemblers and fabricators with 5.1%.

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Highest Paid

The highest paid occupations in Miscellaneous fabricated metal products manufacturing, by average wage, are Chief executives & legislators, Electrical & electronics engineers, and Other Physical Scientists.

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Wages

Average Salary

$53,429
AVERAGE WAGE
± $1,972

On average, employees in the Miscellaneous fabricated metal products manufacturing Industry Group make $53,429 per year. This number makes Miscellaneous fabricated metal products manufacturing the 143 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 Miscellaneous fabricated metal products manufacturing Industry Group.

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Wage Distribution

0.355
WAGE GINI

Miscellaneous fabricated metal products manufacturing has a wage GINI of 0.355, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Miscellaneous fabricated metal products 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 Miscellaneous fabricated metal products manufacturing Industry Group.

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

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Diversity

Demographic information on the Miscellaneous fabricated metal products manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $56,327 and $44,183. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

81.4k
FEMALE WORKFORCE
±7k
260k
MALE WORKFORCE
±12.5k

76.1% of workers in the Miscellaneous fabricated metal products manufacturing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Miscellaneous fabricated metal products manufacturing Industry Group.

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Wage by Gender in Common Jobs

$56,327
AVERAGE MALE SALARY
±$2,395
$44,183
AVERAGE FEMALE SALARY
±$3,009

On average, Male workers in the Miscellaneous fabricated metal products manufacturing Industry Group make 1.27 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Miscellaneous fabricated metal products 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 Miscellaneous fabricated metal products manufacturing Industry Group earn 1.07 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 Miscellaneous fabricated metal products manufacturing Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Miscellaneous fabricated metal products 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 Miscellaneous fabricated metal products manufacturing Industry Group, and the largest industry purchasing services from the Miscellaneous fabricated metal products 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 Miscellaneous fabricated metal products manufacturing is from Manufacturing.
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Intermediate Inputs

The closest comparable data for Miscellaneous fabricated metal products manufacturing is from Manufacturing.

The Miscellaneous fabricated metal products 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 Miscellaneous fabricated metal products manufacturing is from Manufacturing.

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

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Projections

Growth projections of the fabricated metal product manufacturing 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 fabricated metal product manufacturing industry has a lower projected workforce growth at -0.3%. Its projected 10-year growth in output (1.4%) is lower than the projected national growth in output (22.9%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is fabricated metal product manufacturing.
-0.3%
ESTIMATED GROWTH

This line chart shows the projected 10-year growth in the number of jobs for the fabricated metal product manufacturing industry.

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Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is fabricated metal product manufacturing.
1.4%
ESTIMATED GROWTH

This line chart shows the projected 10-year growth in output of the fabricated metal product manufacturing industry.

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