Capital goods are the kind of items that work behind the scenes. They are tangible objects that assist in the production of everyday consumer items. They can include anything from industrial tools to machineries to plants. In this article we will examine how many jobs are open in the capital goods sector.
The sector is one of the industries that is vital to allow the consumer goods industry to work well. Naturally, the industry offers many opportunities. In the end, top companies in the sector seek technically skilled and committed professionals to join the ever growing workforce.
How many jobs is the capital goods industry able to provide in the USA? Are we seeing a boom or is it in the midst of a slump? What are among the top popular work opportunities in the capital goods industry? We also understand that you’ll have a lot of like concerns. But don’t worry, we’ll break the entire thing in your own words!
So, with no further delay Let’s begin!
Check out this article if you’re looking to begin an employment in the industry of capital goods.
Here’s How Many Jobs Are Available in Capital Goods
In the accounting world, capital goods are considered fixed assets. They’re also referred to by the name of “plant, property, and equipment.”
It’s clear that this is an extensive business. This means that the requirement for workers is extremely different. Therefore, the type of job offered will differ. Capital goods include various jobs ranging from entry-level positions to more advanced roles that require advanced qualifications.
Before we begin, let’s take an look at the numbers that are that are related to the business:
- Capital goods are a major portion of America’s economy. In reality, it accounts for an astounding 17.7% of nation’s GDP.
- The United States, the capital goods industry employs about 4.1 million workers.
- As per the Bureau of Labour Statistics, the field will witness an -2.3 percent growth in jobs between 2021 and 2031. That is very good.
- Many prominent companies operate in capital goods are responsible the most lucrative and high-paying jobs.
As you can observe the capital goods industry is one of the industries in which offers employment to a multitude of people in America. USA. Naturally there will be a variety of jobs in these numerous. Let’s take a look at the most commonly employed work in capital goods to describe the kind of work in this industry in brief.
Most Common Jobs in Capital Goods
1. Quality Control Inspectors
Inspectors of quality control work in factories in the capital goods sector. Each year, this job will result in 67,800 jobs. Additionally, the growth rate for this job between 2021-2031 is at 3percent.
The median annual salary for people in the USA in this job is $38,580.
2. Industrial Technicians
The job entails helping engineers to solve issues that concern manufacturing layouts or to the overall manufacturing process. Each year, 6,600 job openings are expected in the field of Industrial Technicians in the USA. Between 2021 and 2031, the number of jobs in this position is forecast to grow by 3%..
This is also a lucrative job in the capital goods. This is another reason why people are asking what jobs are open in capital products. The median annual salary for this position in the USA is $60,221.
3. Sales Engineers
Sales engineers offer solutions and goods to large companies. Additionally, 7,000 new openings are anticipated each year for this position in the United States. Between 2021-2031, employment in this position in manufacturing capital items is predicted to grow by six percent.
Being one of the highest-paying roles in capital goods The median annual wage in this role is an astounding $13,710 per year.
4. Engineering Manager
In this position the job seeker must organize and coordinate daily activities for capital goods companies. Each year, 14,000 vacancies are anticipated for this with a high pay rate. This position will likely see an increase of 2 percent between 2021 and 2031.
The median annual salary for this job in the United States goes way beyond the $6-figure mark, reaching $152,350.
5. Robotics Engineer
More than 1100 people in America. More than 1100 people in the United States are currently working as robotics engineers. In 2021-2031, the job will have an increase of 2% in the number of jobs.
However, this is also a position which can pay an impressive pay. In reality, the median wage for a Robotics Engineer in the USA is $86,425. This job is one of the main reasons so many are interested in knowing what jobs are open in capital goods and whether there are any open positions.
In Conclusion
A job in capital goods can bring many advantages. The first is the possibility of earning an high income is massive. Furthermore there is plenty to be assured about job stability.