The Latest Diversity In The Plastic Industry Statistics Explained
The plastics industry is one of the largest manufacturing industries in the United States, accounting for approximately $432 billion in shipments in 2019.
The statistic that the plastics industry is one of the largest manufacturing industries in the United States, accounting for approximately $432 billion in shipments in 2019, highlights the significant economic impact of this industry on the country. With a high value of shipments, it signifies the scale of production and sales within the plastics sector. The magnitude of this figure underscores the industry’s importance in terms of revenue generation, employment opportunities, and contribution to the overall economy. Additionally, the statistic implies that the plastics industry is a key player in the manufacturing landscape, playing a crucial role in driving economic growth and innovation in the United States.
According to data, the average age of plastics industry worker in the US is around 44 years.
This statistic suggests that, on average, plastics industry workers in the United States tend to be around 44 years old. This information provides insight into the age demographic of the workforce within the plastics industry, indicating that workers in this sector generally fall within this age range. Understanding the average age of workers can be valuable for employers and policymakers in workforce planning, recruitment strategies, and designing training programs tailored to this age group. It may also be indicative of potential challenges related to an aging workforce or opportunities for targeted interventions to attract younger talent into the industry.
Out of all private sector jobs in the US, plastic industry accounted for 1.11% jobs for all age groups as per data from 2019.
The statistic indicates that in 2019, the plastic industry accounted for 1.11% of all private sector jobs in the United States across all age groups. This suggests that while the plastic industry is a significant contributor to the overall job market, it still represents a relatively small portion of the total private sector employment landscape. Understanding the share of jobs held by the plastic industry provides insight into its economic impact and importance within the broader context of the US labor market, highlighting both the employment opportunities it offers and its relative size compared to other industries.
The annual average wage of workers in the plastics industry was approximately $55,419 in 2019.
The statistic, “The annual average wage of workers in the plastics industry was approximately $55,419 in 2019,” reveals the typical yearly earnings of individuals employed within the plastics sector during the specified year. This figure provides insight into the economic state of workers within the industry, serving as a benchmark for comparing wage levels and assessing the financial well-being of employees in this specific sector. The average wage of $55,419 highlights the earning potential for individuals working in the plastics industry and may be utilized by policymakers, businesses, and workers themselves to make informed decisions regarding wages, job opportunities, and financial planning.
As for the geographical distribution of the jobs, the Midwest region of the United States had the highest number of plastics manufacturing employees, capturing 37.1% of the total jobs for this industry in the first quarter of 2021.
The statistic highlights the geographical distribution of jobs in the plastics manufacturing industry in the United States during the first quarter of 2021, with a focus on the Midwest region. It indicates that the Midwest region had the largest share of plastics manufacturing employees, accounting for 37.1% of the total jobs in the industry during that period. This suggests that the Midwest region is a significant hub for plastics manufacturing activities, potentially due to factors such as a concentration of manufacturing facilities, availability of skilled labor, or supportive economic conditions. Understanding the regional distribution of jobs in this industry can provide insights into the regional economic landscape and opportunities for growth and development in the plastics manufacturing sector.
In the US, the number of people employed in the plastics industry was approximately 993,000 (direct) and 1.76 million (indirect) in the year 2018.
This statistic refers to the employment levels in the plastics industry in the United States in 2018. It indicates that approximately 993,000 individuals were directly employed in the plastics industry, meaning they were working in roles directly related to the production, manufacturing, or distribution of plastics. In addition to the direct employment, there were an estimated 1.76 million individuals indirectly employed in the plastics industry. This indirect employment includes jobs in sectors that support or supply the plastics industry, such as transportation, packaging, and raw materials production. Together, these direct and indirect employment figures highlight the significant impact of the plastics industry on the overall job market and economy in the US.
Plastics industry production in the South region of the United States was second only to the Midwest, with roughly 31.2% of the total output.
The statistic indicates that the South region of the United States ranks second in terms of plastics industry production, trailing behind the Midwest. Approximately 31.2% of the total output in the United States comes from the South region, highlighting its significant contribution to the overall production within the country. This suggests that the plastics industry in the South region is a key player in the sector, with a substantial share of the market. The statistic showcases the regional distribution of plastics industry production in the United States and emphasizes the strong presence of the industry in both the Midwest and the South regions.
The plastics industry is responsible for approximately 512,000 jobs in California in 2019.
The statistic stating that the plastics industry is responsible for approximately 512,000 jobs in California in 2019 indicates the significant economic impact and employment opportunities generated by the plastics sector in the state. This figure reflects the widespread presence of plastics-related businesses and manufacturing facilities across California, highlighting the industry’s role as a major contributor to job creation and labor market stability. The large workforce employed within the plastics industry encompasses various occupations ranging from manufacturing and production roles to research and development positions, underscoring the diverse skill sets and expertise required to support the sector’s operations and growth within the state.
As of 2018, about 19.3% employees in the plastic industry were of Hispanic or Latino ethnicity and about 8.4% were African American in California.
The statistic indicates the ethnic composition of the workforce in the California plastic industry as of 2018. Approximately 19.3% of employees were of Hispanic or Latino ethnicity, while about 8.4% were African American. This data suggests that there is a notable presence of Hispanic or Latino workers in the industry compared to African American workers. The statistics provide an insight into the diversity and representation of different ethnic groups within the California plastic industry workforce, highlighting the need for continued efforts to promote diversity and inclusivity in the workplace.
Compared to other manufacturing industries, the pay gap between male and female workers in the plastics industry is smaller, but still significant, with women earning about 83.7% of what their male counterparts earn.
This statistic indicates that in the plastics manufacturing industry, there exists a pay gap between male and female workers, although it is smaller compared to other manufacturing industries. Specifically, women earn about 83.7% of what their male counterparts earn in this sector. This suggests that women in the plastics industry are paid less on average than men, signifying a gender-based wage disparity. While this pay gap is smaller than in some other manufacturing industries, it is still significant and highlights the ongoing issue of gender inequality in terms of compensation within the plastics manufacturing sector. Efforts to address and reduce this pay gap are necessary to ensure fair and equitable treatment for all workers, regardless of gender.
The North Central region in the US produces about 29.2% of all plastic products.
The statistic indicates that the North Central region in the US accounts for approximately 29.2% of the total output of plastic products in the country. This suggests that the North Central region plays a significant role in the plastic manufacturing industry within the US. The statistic may be used to assess the region’s economic contribution, industrial strength, and potential impact on environmental sustainability due to the production of plastic products. Analyzing regional production statistics can provide valuable insights for policymakers, businesses, and researchers in understanding the distribution and scale of plastic manufacturing activities within the US.
Plastics manufacturing in the Southern region represented about 30% of the entire output in the US.
This statistic indicates that the production of plastics in the Southern region of the United States accounts for approximately 30% of the total plastic output in the entire country. This showcases the significant proportion of plastic manufacturing activity that occurs in the Southern region, highlighting its important role in the overall industry landscape of the US. The statistic suggests that the Southern region plays a substantial part in meeting the demand for plastics within the country and underscores the region’s impact on the national economy and supply chain within the plastics manufacturing sector.
The West region of the US accounts for 11.4% of all plastic products manufacturing.
The statistic “The West region of the US accounts for 11.4% of all plastic products manufacturing” indicates that 11.4% of the total production of plastic products in the United States comes from the Western region. This information gives insight into the geographical distribution of plastic manufacturing activities within the country, highlighting the regional contribution to the industry. Understanding the regional distribution of manufacturing can be valuable for assessing economic impact, resource utilization, supply chain logistics, and regional development strategies in the plastic products industry.
The Northeast region of the US accounts for 11.5% of all plastic products manufacturing.
This statistic indicates that the Northeast region of the United States plays a significant role in the manufacturing of plastic products, accounting for 11.5% of the total production in the country. This suggests that the Northeast region has a relatively high level of industrial activity within the plastic products manufacturing sector compared to other regions. Companies in this region may benefit from various factors such as access to skilled labor, resources, transportation infrastructure, or market demand. Understanding the distribution of manufacturing across regions can provide valuable insights for policymakers, industry stakeholders, and businesses operating in the plastic products sector to make informed decisions regarding investment, resource allocation, and market strategies.
The turnover rate in the plastics manufacturing industry was around 21% in 2018.
The turnover rate of 21% in the plastics manufacturing industry in 2018 indicates the proportion of employees who left their jobs within that year. A turnover rate of 21% suggests that a significant number of employees in the industry have been leaving their jobs, which could have implications for the industry’s stability and overall workforce composition. High turnover rates can be costly for companies due to the expenses associated with recruiting, hiring, and training new employees to fill the vacant positions. Understanding and addressing the underlying reasons for the turnover rate is crucial for organizations to improve retention strategies and maintain a skilled and experienced workforce.
References
0. – https://www.www.plasticsindustry.org
1. – https://www.www.ibisworld.com
2. – https://www.www.nam.org
3. – https://www.www.labor.ca.gov
4. – https://www.www.industryweek.com
