The engineering industry, a vital component of the STEM sector (Science, Technology, Engineering, and Mathematics), is a dynamic and evolving field.
It is characterized by its diverse range of specialties, high earning potential, and a workforce that is continually growing.
Today we will dive deep into the fascinating world of the engineering industry.
This sector is brimming with a variety of specialties, lucrative earning opportunities, and a workforce on a steady upward trajectory.
So, let’s get down to the basics of the labor force characteristics of the engineering industry, backed by real-time data and resources.
Workforce Composition and Growth
As of 2023, it’s home to over 1.7 million professionals in the United States alone. And it’s not stopping there – it’s set to grow by 3% from 2019 to 2029.
What’s fueling this growth?
The escalating demand for infrastructure, renewable energy, robotics, and advanced manufacturing technologies.
Here is the statistical data report.
Category | Data |
Total Engineers in the US (2023) | 228,911 |
Gender Distribution | Male: 86.3%, Female: 13.7% |
Sector Distribution | Private Companies: 48%, Public Companies: 46% |
Top Industries | Technology, Manufacturing, Professional Services |
Education Levels | Bachelor’s Degree: 65%, Master’s Degree: 13%, Associate Degree: 11% |
NOTE – These reposts and figures are from other sources.
As per the reports of Zippia, over 228,911 engineers are currently employed in the US.
The gender distribution in engineering is heavily skewed towards men, with 86.3% of all engineers being men and only 13.7% being women. The typical engineer on the job is around the age of 40.
The engineering field is also seeing a gender pay gap. In 2021, women earned 103% of what men earned. This indicates that women in engineering earn slightly more than their male counterparts, which is a positive sign for gender pay equality in the industry.
The engineering workforce is predominantly based in private companies, with 48% of engineers working in the private sector compared to 46% in the public sector. The technology industry is the largest employer of engineers, followed by manufacturing and professional services.
The data also shows that the engineering workforce is highly educated.
The majority of engineers, precisely 65%, hold a bachelor’s degree as their highest level of education. This is followed by a master’s degree (13%) and an associate degree (11%).
Overall, the engineering industry is seeing steady growth and offers many opportunities for both men and women.
Conclusion
So, there you have it – a complete look at the labor force characteristics of the engineering industry.
Remember, the engineering industry isn’t one-size-fits-all, and these characteristics can vary significantly across different engineering specialties and geographical locations.
Stay tuned for more insights into the ever-evolving world of engineering.
