It is difficult to accurately estimate the number of jobs available in the capital goods industry as it can vary significantly depending on a number of factors such as the location, size of the company, and the specific needs of the organization. Additionally, the demand for workers in this field can fluctuate over time due to changes in technology, regulations, and the economy.
The capital goods industry includes a wide range of industries that produce durable goods, such as machinery, equipment, and other goods used in the production of other products. Some examples of industries within the capital goods sector include manufacturing, construction, and transportation equipment. Jobs in this field can include a wide range of occupations, such as engineers, machinists, welders, and more. Many of these jobs require specialized training and education, and some may require a professional license or certification.
what do capital goods jobs pay
The pay for jobs in the capital goods industry can vary depending on a number of factors, such as the specific job, the level of education and experience required, the location, and the size of the company. In general, jobs in this field tend to pay well and offer a range of benefits, such as retirement plans, health insurance, and paid time off. According to data from the U.S. Bureau of Labor Statistics (BLS), the median annual wage for jobs in the capital goods industry was $63,380 as of May 2020. Here are some examples of median annual wages for specific jobs in this field:
- Industrial engineers: $87,040
- Mechanical engineers: $87,040
- Electrical engineers: $98,530
- Machinists: $44,480
- Welders: $44,480
Keep in mind that these are just estimates and actual pay can vary depending on the specific employer and the individual’s qualifications.
