Cutlery & hand tool manufacturing

Industry Group

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Workforce Population

43.6k

2023

Average Employee Age

45.2

2023

Estimated Job Growth

−4.88%

10-Year Projection

Average Salary

$67,193

2023

Average Male Salary

$72,806

2023

Average Female Salary

$53,025

2023

About

The top three occupations in the Cutlery & hand tool manufacturing Industry Group are miscellaneous metal workers & plastic workers, including multiple machine tool setters, other assemblers and fabricators, and miscellaneous production workers, including semiconductor processors. On average, full-time employees in the Cutlery & hand tool manufacturing Industry Group work 43.5 hours per week and have an average annual salary of $70,611. Part-time employees in the same industry work 22.1 hours and earn an average annual salary of $27,338.

The locations with the highest concentration of employees in the Cutlery & hand tool manufacturing Industry Group are Marion County (Outside Salem & Keizer Cities)--Woodburn & Silverton Cities PUMA, OR, Cattaraugus & Allegany Counties PUMA, NY, and Washington (South) & Carter Counties--Elizabethton city PUMA, TN.

The workforce of Cutlery & hand tool manufacturing Industry Group in 2023 was 43,563 people, with 28.4% woman, and 71.6% men.

In 2023, 74.2% of the workforce in the Cutlery & hand tool manufacturing Industry Group was White (32,324 people), of which 27% were women and 73% men.

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Cutlery & hand tool manufacturing Industry Group.

The workforce in Cutlery & hand tool manufacturing Industry Group was 43,563 people and is concentrated in Ohio (4,248 workers). The average annual salary was $67,193, being $534 less than the national average salary, which was $67,727.

Monthly Employment

Showing data for the Manufacturing industry sector.

Start Year

Y-Axis

1.98%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 12.9M people employed in the Manufacturing industry. This represents a 1.98% increase in employment when compared to February 2022.

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

Employment by Location

The states that concentrated the largest workforce in 2023 were Ohio (4.25k), Illinois (3.29k), and Wisconsin (3k).

This map shows the states in the United States shaded by workforce for Cutlery & hand tool manufacturing Industry Group.

Yearly Wage Ranking

In 2023, Cutlery & hand tool manufacturing Industry Group had an average annual wage of $67,193, $534 less than the average national salary of $67,727.

The graph shows the position of Cutlery & hand tool manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.393

WAGE GINI

Cutlery & hand tool manufacturing has a wage GINI of 0.393, which is less than than the national average of 0.476. In other words, wages are distributed more evenly in Cutlery & hand tool 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 Cutlery & hand tool manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Cutlery & hand tool manufacturing Industry Group.

Miscellaneous metal workers & plastic workers, including multiple machine tool setters are the most common position with 2,884 workers, but the Cutlery & hand tool manufacturing Industry Group employs a relatively high number of Other assemblers and fabricators and Miscellaneous production workers, including semiconductor processors.

The highest average salary in Cutlery & hand tool manufacturing goes to Human resources managers.

Occupations Distribution

The graph shows the distribution of employees in the Cutlery & hand tool manufacturing Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were miscellaneous metal workers & plastic workers, including multiple machine tool setters (2,884 people), other assemblers and fabricators (2,724 people), and miscellaneous production workers, including semiconductor processors (2,377 people)

Wage by Sex in Common Jobs

$72,806

AVERAGE MALE SALARY

±$10,191

$53,025

AVERAGE FEMALE SALARY

±$10,779

On average, Male workers in the Cutlery & hand tool manufacturing Industry Group make 1.37 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Cutlery & hand tool manufacturing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Cutlery & hand tool 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 Cutlery & hand tool manufacturing Industry Group.

The Cutlery & hand tool manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

California and Ohio stand out as the states with the largest number of establishments in the Cutlery & hand tool manufacturing Industry Group.

Industrial Flow

The closest comparable data for Cutlery & hand tool manufacturing is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Cutlery & hand tool manufacturing Industry Group, and the largest industry purchasing services from the Cutlery & hand tool 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 Cutlery & hand tool manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

Manufacturing
Wholesale trade
Mining

The Cutlery & hand tool 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 Cutlery & hand tool manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Establishments

States with more establishments in 2022

The charts shows the distribution of establishments in the Cutlery & hand tool manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Cutlery & hand tool manufacturing Industry Group in the US.

Of the total workforce, 28.4% corresponds to women and 71.6% men. Male employees tend to earn more than Female employees, with average respective salaries of $72,806 and $53,025.

74.2% of workers have a high school or equivalent, some college or bachelors degree.

Gender and Age

12,361

Women

28.4%

31,202

Men

71.6%

The workforce of Cutlery & hand tool manufacturing industry in 2023 was 43,563 people, with 28.4% woman, and 71.6% men.

The visualization shows the distribution of the workforce by gender and age in Cutlery & hand tool manufacturing industry.

Races

In 2023, 74.2% of the workforce in the Cutlery & hand tool manufacturing industry was White (32,324 people), of which 27% were women and 73% men.

Other races that concentrated a significant number of workers were Two or More Races and Black.

Educational Levels

The main educational levels achieved by the Cutlery & hand tool manufacturing workers in 2023 were high school or equivalent (16,602 people), some college (7,969 people), and bachelors degree (7,752 people).

The chart shows the Cutlery & hand tool manufacturing workforce by gender and educational level.

Projections

Growth projections of the Cutlery and Handtool Manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow −4.88% in the next ten years. The Cutlery and Handtool Manufacturing industry has a lower projected workforce growth at −4.88%. Its projected 10-year growth in output (−2.45%) is lower than the projected national growth in output (−2.45%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Cutlery and Handtool Manufacturing.

−4.88%

Estimated Job Growth

10-year Projection

−4.88%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Cutlery and Handtool Manufacturing. This industry is expected to grow approximately the same than −4.88%, the average rate of national job growth.