Foundries

Industry Group

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Workforce Population

83.3k

2020

Average Employee Age

44.5

2020

Estimated Job Growth

−0.251%

10-Year Projection

Average Salary

$56,492

2020

Average Male Salary

$58,493

2020

Average Female Salary

$46,844

2020

About

The top three occupations in the Foundries Industry Group are firstline supervisors of production & operating workers, miscellaneous metal workers & plastic workers, including multiple machine tool setters, and model makers, patternmakers, & molding machine setters, metal & plastic. On average, full-time employees in the Foundries Industry Group work 44.6 hours per week and have an average annual salary of $57,935. Part-time employees in the same industry work 22.8 hours and earn an average annual salary of $24,261.

The locations with the highest concentration of employees in the Foundries Industry Group are East Central Wisconsin PUMA, WI, Sheboygan County PUMA, WI, and Muskegon County PUMA, MI.

The workforce of Foundries Industry Group in 2020 was 83,252 people, with 17.2% woman, and 82.8% men.

In 2020, 83.1% of the workforce in the Foundries Industry Group was White (69,201 people), of which 18.1% were women and 81.9% men.

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Foundries Industry Group.

The workforce in Foundries Industry Group was 83,252 people and is concentrated in Wisconsin (11,322 workers). The average annual salary was $56,492, being $538 more than the national average salary, which was $55,954.

Monthly Employment

Start Year

Y-Axis

2.13%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 9.6k people employed in the Foundries industry. This represents a 2.13% increase in employment when compared to February 2022.

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

Employment by Location

The states that concentrated the largest workforce in 2020 were Wisconsin (11.3k), Ohio (8k), and Michigan (6.43k).

This map shows the states in the United States shaded by workforce for Foundries Industry Group.

Yearly Wage Ranking

In 2020, Foundries Industry Group had an average annual wage of $56,492, $538 more than the average national salary of $55,954.

The graph shows the position of Foundries Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.339

WAGE GINI

Foundries has a wage GINI of 0.339, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Foundries (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 Foundries Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Foundries Industry Group.

Firstline supervisors of production & operating workers are the most common position with 6,683 workers, but the Foundries Industry Group employs a relatively high number of Miscellaneous metal workers & plastic workers, including multiple machine tool setters and Model makers, patternmakers, & molding machine setters, metal & plastic.

The highest average salary in Foundries goes to Sales engineers.

Occupations Distribution

The graph shows the distribution of employees in the Foundries Industry Group according to occupations. In 2020, the occupations that concentrated the largest number of employees in this industry were firstline supervisors of production & operating workers (6,683 people), miscellaneous metal workers & plastic workers, including multiple machine tool setters (6,419 people), and model makers, patternmakers, & molding machine setters, metal & plastic (5,743 people)

Wage by Sex in Common Jobs

$58,493

AVERAGE MALE SALARY

±$4,668

$46,844

AVERAGE FEMALE SALARY

±$7,587

On average, Male workers in the Foundries Industry Group make 1.25 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Foundries Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Foundries 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 Foundries Industry Group.

The Foundries Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

Industrial Flow

The closest comparable data for Foundries is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Foundries Industry Group, and the largest industry purchasing services from the Foundries 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 Foundries is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Foundries 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 Foundries is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Diversity

Demographic information on the Foundries Industry Group in the US.

Of the total workforce, 17.2% corresponds to women and 82.8% men. Male employees tend to earn more than Female employees, with average respective salaries of $58,493 and $46,844.

76.2% of workers have a high school or equivalent, some college or bachelors degree.

Gender and Age

14,301

Women

17.2%

68,951

Men

82.8%

The workforce of Foundries industry in 2020 was 83,252 people, with 17.2% woman, and 82.8% men.

The visualization shows the distribution of the workforce by gender and age in Foundries industry.

Races

In 2020, 83.1% of the workforce in the Foundries industry was White (69,201 people), of which 18.1% were women and 81.9% men.

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

Educational Levels

The main educational levels achieved by the Foundries workers in 2020 were high school or equivalent (34,039 people), some college (19,836 people), and bachelors degree (9,545 people).

The chart shows the Foundries workforce by gender and educational level.

Projections

Growth projections of the Foundries 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 Foundries industry has a lower projected workforce growth at −0.251%. Its projected 10-year growth in output (4.17%) is lower than the projected national growth in output (24.2%).

Job Growth

−0.251%

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