Engine, turbine, & power transmission equipment manufacturing

Industry Group

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Workforce

99.6k

2019 BLS Estimate

Average Employee Age

44.1

Estimated Job Growth

0.602%

10-Year Projection

Average Salary

$74,371

Average Male Salary

$77,018

Average Female Salary

$74,773

About

The top three occupations in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Mechanical engineers, Other assemblers and fabricators, Machinists, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, and Other managers. On average, full-time employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group work 44.5 hours per week and have an average annual salary of $75,813. Part-time employees in the same industry work 21.4 hours and earn an average annual salary of $24,216.

The locations with the highest concentration of employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Columbus City PUMA, IN, Fond du Lac & Calumet Counties PUMA, WI, and Sheboygan County PUMA, WI. The industry that purchases the most products or services from the Hospitals Industry Group is Engine, turbine, & power transmission equipment manufacturing .

Workforce

A snapshot of jobs, wages, and opportunities in the Engine, turbine, & power transmission equipment manufacturing Industry Group. Mechanical engineers are the most common position, but the Engine, turbine, & power transmission equipment manufacturing Industry Group employs a relatively high number of Engine & other machine assemblers, compared to other industries.

The highest average salary in Engine, turbine, & power transmission equipment manufacturing goes to Chief executives & legislators.

Monthly Employment

Start Year

Y-Axis

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 15.5k people employed in the Engine, Turbine, and Power Transmission Equipment Manufacturing industry. This represents a 0% change in employment when compared to May 2020.

This chart shows monthly employment numbers for Engine, Turbine, and Power Transmission Equipment Manufacturing over time (non-seasonally adjusted).

Occupations by Share

99.6k

Workforce (BLS Estimate)

ACS Estimate: 84k

−1.11%

1 Year Growth

± 12.1%

The Bureau of Labor Statistics estimates that there were 99.6k people employed in the Engine, turbine, & power transmission equipment manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Engine, turbine, & power transmission equipment manufacturing Industry Group has been declining at a rate of −1.11%, , from 84.9k people in 2019 to 84k people in 2020.

The following graphic shows the share of employment in Engine, turbine, & power transmission equipment manufacturing by various occupations according to ACS estimates. Mechanical engineers represent the largest share of positions held in Engine, turbine, & power transmission equipment manufacturing at 11.3%, followed by Other assemblers and fabricators with 8.1% and Machinists with 4.93%.

Most Common

The most common occupations in the Engine, turbine, & power transmission equipment manufacturing Industry Group, by number of employees, are Mechanical engineers, Other assemblers and fabricators, Machinists, Miscellaneous metal workers & plastic workers, including multiple machine tool setters, and Other managers.

Most Specialized

Compared to other Industry Groups, Engine, turbine, & power transmission equipment manufacturing employs an unusually high number of Engine & other machine assemblers, Mechanical engineers, and Machinists.

Highest Paid

The highest paid occupations in Engine, turbine, & power transmission equipment manufacturing , by average wage, are Chief executives & legislators, Financial managers, and General & operations managers.

Average Salary

$74,371

AVERAGE WAGE

± $5,034

On average, employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group make $74,371 per year. This number makes Engine, turbine, & power transmission equipment manufacturing the 53 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 Engine, turbine, & power transmission equipment manufacturing Industry Group.

Wage Distribution

0.354

WAGE GINI

Engine, turbine, & power transmission equipment manufacturing has a wage GINI of 0.354, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Engine, turbine, & power transmission equipment manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Engine, turbine, & power transmission equipment manufacturing Industry Group.

These are locations that employ more people in the Engine, turbine, & power transmission equipment manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Engine, turbine, & power transmission equipment manufacturing Industry Group.

Diversity

Demographic information on the Engine, turbine, & power transmission equipment manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $77,018 and $74,773. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

17.9k

FEMALE WORKFORCE

±3.28k

66.1k

MALE WORKFORCE

±6.31k

78.7% of workers in the Engine, turbine, & power transmission equipment manufacturing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Engine, turbine, & power transmission equipment manufacturing Industry Group.

Wage by Sex in Common Jobs

$77,018

AVERAGE MALE SALARY

±$5,561

$74,773

AVERAGE FEMALE SALARY

±$5,416

On average, Male workers in the Engine, turbine, & power transmission equipment manufacturing Industry Group make 1.03 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Engine, turbine, & power transmission equipment manufacturing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Two or More Races

On average, Asian employees in the Engine, turbine, & power transmission equipment manufacturing Industry Group earn 1.23 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 Engine, turbine, & power transmission equipment manufacturing Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Engine, turbine, & power transmission equipment 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 Engine, turbine, & power transmission equipment manufacturing Industry Group, and the largest industry purchasing services from the Engine, turbine, & power transmission equipment 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.

Industrial Flow

The closest comparable data for Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.

Intermediate Inputs

The closest comparable data for Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Engine, turbine, & power transmission equipment 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 Engine, turbine, & power transmission equipment manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Projections

Growth projections of the Turbine and power transmission equipment 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 Turbine and power transmission equipment mfg. industry has a lower projected workforce growth at 0.602%. Its projected 10-year growth in output (16%) 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 Turbine and power transmission equipment mfg..

0.602%

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 Turbine and power transmission equipment mfg.. This industry is expected to grow less than than 7.66%, the average rate of national job growth.