Manufacturing Fun Facts
We thought you may find the following facts about working in manufacturing interesting and help to assure you that careers in manufacturing are of high value.
In 2016, there are currently 12.3 million manufacturing workers in the United States. This accounts for 9 percent of the workforce.
Since the end of the Great Recession, manufacturers have hired more than 800,000 workers. There are currently 7.7 million and 4.6 million workers in durable and nondurable goods manufacturers, respectively. (Source: Bureau of Labor Statistics.)
Manufacturing workers are paid above the national average.
Some people assume that manufacturing is a low-paying industry with little-to-no incentives for workers, but this couldn’t be further from the truth. As both private and public entities place a greater emphasis on U.S. manufacturing and the benefits it offers, we will likely see this number increase in the years to come.
Over the next decade, nearly 3½ million manufacturing jobs will likely be needed, and 2 million are expected to go unfilled due to the skills gap.
Moreover, according to a recent report, 80 percent of manufacturers report a moderate or serious shortage of qualified applicants for skilled and highly-skilled production positions. (Source: Deloitte and the Manufacturing Institute.)
U.S. manufacturing is the world's tenth largest economy.
The U.S. manufacturing sector is so huge that if it were its own country, it would rank as the eighth-largest world economy. (Source: Bureau of Economic Analysis, International Monetary Fund.)
The employment opportunities available at Alexandria Industries are much more than just a job. We work to earn money. But we pursue a career to bring lifelong gratification in what we contribute for the greater good.