Railroad rolling stock manufacturing

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Workforce

24.1k

2019 BLS Estimate

Average Employee Age

44.5

Estimated Job Growth

−17.8%

10-Year Projection

Average Salary

$70,274

Average Male Salary

$71,416

Average Female Salary

$65,223

About

The top three occupations in the Railroad rolling stock manufacturing Industry Group are Welding, soldering, & brazing workers, Firstline supervisors of production & operating workers, Mechanical engineers, Inspectors, testers, sorters, samplers, & weighers, and Other assemblers and fabricators. On average, full-time employees in the Railroad rolling stock manufacturing Industry Group work 46 hours per week and have an average annual salary of $71,174. Part-time employees in the same industry work 43.6 hours and earn an average annual salary of $67,882.

The locations with the highest concentration of employees in the Railroad rolling stock manufacturing Industry Group are Erie County (Outer) PUMA, PA, Gregg CountyLongview City PUMA, TX, and Mercer County PUMA, PA. The industry that purchases the most products or services from the Hospitals Industry Group is Railroad rolling stock manufacturing.

Manufacturing Manufacturing

Workforce

A snapshot of jobs, wages, and opportunities in the Railroad rolling stock manufacturing Industry Group. Welding, soldering, & brazing workers are the most common position, but the Railroad rolling stock manufacturing Industry Group employs a relatively high number of Materials engineers, compared to other industries.

The highest average salary in Railroad rolling stock 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).

Occupations

Occupations by Share

24.1k

Workforce (BLS Estimate)

ACS Estimate: 27.9k

−7.39%

1 Year Growth

± 22%

The Bureau of Labor Statistics estimates that there were 24.1k people employed in the Railroad rolling stock manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Railroad rolling stock manufacturing Industry Group has been declining at a rate of −7.39%, , from 30.1k people in 2018 to 27.9k people in 2019.

The following graphic shows the share of employment in Railroad rolling stock manufacturing by various occupations according to ACS estimates. Welding, soldering, & brazing workers represent the largest share of positions held in Railroad rolling stock manufacturing at 15.7%, followed by Firstline supervisors of production & operating workers with 6.24% and Mechanical engineers with 5.56%.

Most Common

The most common occupations in the Railroad rolling stock manufacturing Industry Group, by number of employees, are Welding, soldering, & brazing workers, Firstline supervisors of production & operating workers, Mechanical engineers, Inspectors, testers, sorters, samplers, & weighers, and Other assemblers and fabricators.

Most Specialized

Compared to other Industry Groups, Railroad rolling stock manufacturing employs an unusually high number of Materials engineers, Welding, soldering, & brazing workers, and Mechanical engineers.

Highest Paid

The highest paid occupations in Railroad rolling stock manufacturing, by average wage, are Chief executives & legislators, Accountants & auditors, and General & operations managers.

Wages

Average Salary

$70,274

AVERAGE WAGE

± $7,857

On average, employees in the Railroad rolling stock manufacturing Industry Group make $70,274 per year. This number makes Railroad rolling stock manufacturing the 63 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 Railroad rolling stock manufacturing Industry Group.

Wage Distribution

0.329

WAGE GINI

Railroad rolling stock manufacturing has a wage GINI of 0.329, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Railroad rolling stock 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 Railroad rolling stock manufacturing Industry Group.

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

Diversity

Demographic information on the Railroad rolling stock manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $71,416 and $65,223. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

5.15k

FEMALE WORKFORCE

±1.76k

22.8k

MALE WORKFORCE

±3.7k

81.6% of workers in the Railroad rolling stock manufacturing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Railroad rolling stock manufacturing Industry Group.

Wage by Gender in Common Jobs

$71,416

AVERAGE MALE SALARY

±$8,217

$65,223

AVERAGE FEMALE SALARY

±$22,164

On average, Male workers in the Railroad rolling stock manufacturing Industry Group make 1.09 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Railroad rolling stock manufacturing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Other

On average, Asian employees in the Railroad rolling stock manufacturing Industry Group earn 1.2 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 Railroad rolling stock manufacturing Industry Group.

Input/Output

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

Intermediate Inputs

The closest comparable data for Railroad rolling stock manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Railroad rolling stock 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 Railroad rolling stock manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Projections

Growth projections of the Railroad rolling stock 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 Railroad rolling stock manufacturing industry has a lower projected workforce growth at −17.8%. Its projected 10-year growth in output (6.15%) is lower than the projected national growth in output (24.2%).

Job Growth

−17.8%

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