Veneer, plywood, & engineered wood products

Industry Group

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Workforce
82.1k
2019 BLS Estimate
Average Employee Age
43.2
Estimated Job Growth
5.97%
10-Year Projection
Average Salary
$50,286
Average Male Salary
$51,997
Average Female Salary
$49,754

About

The top three occupations in the Veneer, plywood, & engineered wood products Industry Group are Miscellaneous production workers, including semiconductor processors, Laborers & freight, stock, & material movers, hand, Other assemblers and fabricators, Firstline supervisors of production & operating workers, and Industrial truck & tractor operators. On average, full-time employees in the Veneer, plywood, & engineered wood products Industry Group work 44.6 hours per week and have an average annual salary of $51,322. Part-time employees in the same industry work 21.9 hours and earn an average annual salary of $24,631.

The locations with the highest concentration of employees in the Veneer, plywood, & engineered wood products Industry Group are Douglas County PUMA, OR, Ashland City PUMA, OR, and Klamath, Malheur, Lake & Harney Counties PUMA, OR. The industry that purchases the most products or services from the Hospitals Industry Group is Veneer, plywood, & engineered wood products .

Workforce

A snapshot of jobs, wages, and opportunities in the Veneer, plywood, & engineered wood products Industry Group. Miscellaneous production workers, including semiconductor processors are the most common position, but the Veneer, plywood, & engineered wood products Industry Group employs a relatively high number of Woodworking machine setters, operators, & tenders, except sawing, compared to other industries. 

The highest average salary in Veneer, plywood, & engineered wood products goes to Chief executives & legislators.

Monthly Employment

Start Year
Y-Axis
6.1%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 8.7k people employed in the Veneer, Plywood, and Engineered Wood Product Manufacturing industry. This represents a 6.1% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Veneer, Plywood, and Engineered Wood Product Manufacturing over time (non-seasonally adjusted).

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Occupations

Occupations by Share

82.1k
Workforce (BLS Estimate)
ACS Estimate: 46.1k
−3.24%
1 Year Growth
± 16.6%

The Bureau of Labor Statistics estimates that there were 82.1k people employed in the Veneer, plywood, & engineered wood products Industry Group in 2019.

According to ACS estimates, the number of people employed in the Veneer, plywood, & engineered wood products Industry Group has been declining at a rate of −3.24%, , from 47.6k people in 2019 to 46.1k people in 2020.

The following graphic shows the share of employment in Veneer, plywood, & engineered wood products by various occupations according to ACS estimates. Miscellaneous production workers, including semiconductor processors represent the largest share of positions held in Veneer, plywood, & engineered wood products at 11.3%, followed by Laborers & freight, stock, & material movers, hand with 7.54% and Other assemblers and fabricators with 6.83%.

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Most Specialized

Compared to other Industry Groups, Veneer, plywood, & engineered wood products employs an unusually high number of Woodworking machine setters, operators, & tenders, except sawing, Sawing machine setters, operators, & tenders, wood, and Furnace, kiln, oven, drier, & kettle operators & tenders.

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Highest Paid

The highest paid occupations in Veneer, plywood, & engineered wood products , by average wage, are Chief executives & legislators, Miscellaneous engineers, including nuclear engineers, and General & operations managers.

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Wages

Average Salary

$50,286
AVERAGE WAGE
± $5,491

On average, employees in the Veneer, plywood, & engineered wood products Industry Group make $50,286 per year. This number makes Veneer, plywood, & engineered wood products the 168 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 Veneer, plywood, & engineered wood products Industry Group.

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Wage Distribution

0.366
WAGE GINI

Veneer, plywood, & engineered wood products has a wage GINI of 0.366, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Veneer, plywood, & engineered wood products (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 Veneer, plywood, & engineered wood products Industry Group.

These are locations that employ more people in the Veneer, plywood, & engineered wood products Industry Group than expected given both the size of that location's overall labor pool and the national size of the Veneer, plywood, & engineered wood products Industry Group.

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Diversity

Demographic information on the Veneer, plywood, & engineered wood products Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $51,997 and $49,754. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

7k
FEMALE WORKFORCE
±2.05k
39.1k
MALE WORKFORCE
±4.85k

84.8% of workers in the Veneer, plywood, & engineered wood products Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Veneer, plywood, & engineered wood products Industry Group.

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Wage by Sex in Common Jobs

$51,997
AVERAGE MALE SALARY
±$6,209
$49,754
AVERAGE FEMALE SALARY
±$5,802

On average, Male workers in the Veneer, plywood, & engineered wood products Industry Group make 1.05 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Veneer, plywood, & engineered wood products 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. Black

On average, Asian employees in the Veneer, plywood, & engineered wood products Industry Group earn 1.27 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 Veneer, plywood, & engineered wood products Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Veneer, plywood, & engineered wood products 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 Veneer, plywood, & engineered wood products Industry Group, and the largest industry purchasing services from the Veneer, plywood, & engineered wood products 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 Veneer, plywood, & engineered wood products is from Manufacturing.
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Intermediate Inputs

The closest comparable data for Veneer, plywood, & engineered wood products is from Manufacturing.

The Veneer, plywood, & engineered wood products 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 Veneer, plywood, & engineered wood products is from Manufacturing.

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

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Projections

Growth projections of the Plywood and engineered wood product mfg. 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 Plywood and engineered wood product mfg. industry has a lower projected workforce growth at 5.97%. Its projected 10-year growth in output (16.7%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Plywood and engineered wood product mfg..
5.97%
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 Plywood and engineered wood product mfg.. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

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Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Plywood and engineered wood product mfg..
16.7%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Plywood and engineered wood product mfg. industry.

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