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

Industry Group

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Workforce Population

319k

2021

Average Employee Age

45.8

2021

Estimated Job Growth

3.51%

10-Year Projection

Average Salary

$55,682

2021

Average Male Salary

$57,882

2021

Average Female Salary

$42,875

2021

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, and computer numerically controlled tool operators and programmers. On average, full-time employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group work 44.2 hours per week and have an average annual salary of $58,180. Part-time employees in the same industry work 22.2 hours and earn an average annual salary of $27,012.

The locations with the highest concentration of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group are Eastlake, Wickliffe, Willoughby & Willowick Cities PUMA, OH, Winnebago (Northeast) & Boone Counties PUMA, IL, and Jackson County PUMA, MI.

The workforce of Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in 2021 was 319,090 people, with 14.7% woman, and 85.3% men.

In 2021, 82.5% of the workforce in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group was White (263,125 people), of which 14.1% were women and 85.9% men.

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

The workforce in Machine shops; turned product; screw, nut & bolt manufacturing Industry Group was 319,090 people and is concentrated in California (34,071 workers). The average annual salary was $55,682, being $3,914 less than the national average salary, which was $59,596.

Monthly Employment

Start Year

Y-Axis

0.79%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 102k people employed in the Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing industry. This represents a 0.79% increase in employment when compared to February 2022.

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

Employment by Location

The states that concentrated the largest workforce in 2021 were California (34.1k), Ohio (25.9k), and Michigan (23.4k).

This map shows the states in the United States shaded by workforce for Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Yearly Wage Ranking

In 2021, Machine shops; turned product; screw, nut & bolt manufacturing Industry Group had an average annual wage of $55,682, $3,914 less than the average national salary of $59,596.

The graph shows the position of Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.341

WAGE GINI

Machine shops; turned product; screw, nut & bolt manufacturing has a wage GINI of 0.341, 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).

The graphic shows the distribution of average salaries by buckets for Machine shops; turned product; screw, nut & bolt manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Machinists are the most common position with 93,752 workers, but the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group employs a relatively high number of Miscellaneous metal workers & plastic workers, including multiple machine tool setters and Computer numerically controlled tool operators and programmers.

The highest average salary in Machine shops; turned product; screw, nut & bolt manufacturing goes to Chief executives & legislators.

Occupations Distribution

The graph shows the distribution of employees in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group according to occupations. In 2021, the occupations that concentrated the largest number of employees in this industry were machinists (93,752 people), miscellaneous metal workers & plastic workers, including multiple machine tool setters (30,868 people), and computer numerically controlled tool operators and programmers (19,182 people)

Wage by Sex in Common Jobs

$57,882

AVERAGE MALE SALARY

±$2,245

$42,875

AVERAGE FEMALE SALARY

±$3,990

On average, Male workers in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group make 1.35 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Business

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.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

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.

California and Texas stand out as the states with the largest number of establishments in the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group.

Industrial Flow

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

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 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.

Intermediate Inputs

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

HIGHEST INPUT INDUSTRY

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.

Use of Output by Other Industries

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

LARGEST PURCHASING INDUSTRY

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.

Establishments

States with more establishments in 2016

California
5,858
Texas
3,470
Ohio
3,194

The charts shows the distribution of establishments in the Machine shops; turned product; screw, nut & bolt manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Machine shops; turned product; screw, nut & bolt manufacturing Industry Group in the US.

Of the total workforce, 14.7% corresponds to women and 85.3% men. Male employees tend to earn more than Female employees, with average respective salaries of $57,882 and $42,875.

77.9% of workers have a high school or equivalent, some college or associates degree.

Gender and Age

46,782

Women

14.7%

272,308

Men

85.3%

The workforce of Machine shops; turned product; screw, nut & bolt manufacturing industry in 2021 was 319,090 people, with 14.7% woman, and 85.3% men.

The visualization shows the distribution of the workforce by gender and age in Machine shops; turned product; screw, nut & bolt manufacturing industry.

Races

In 2021, 82.5% of the workforce in the Machine shops; turned product; screw, nut & bolt manufacturing industry was White (263,125 people), of which 14.1% were women and 85.9% men.

Other races that concentrated a significant number of workers were Asian and Other.

Educational Levels

The main educational levels achieved by the Machine shops; turned product; screw, nut & bolt manufacturing workers in 2021 were high school or equivalent (132,079 people), some college (83,520 people), and associates degree (33,130 people).

The chart shows the Machine shops; turned product; screw, nut & bolt manufacturing workforce by gender and educational level.

Projections

Growth projections of the Machine shops and threaded 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 Machine shops and threaded product mfg. industry has a lower projected workforce growth at 3.51%. Its projected 10-year growth in output (11.3%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Machine shops and threaded product mfg..

3.51%

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 Machine shops and threaded product mfg.. This industry is expected to grow less than than 7.66%, the average rate of national job growth.