Pharmaceutical & medicine manufacturing

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Workforce
296k
2018 BLS Estimate
Average Employee Age
43.7
Average Salary
$109,051
Average Male Salary
$116,481
Average Female Salary
$100,341

About

The top three occupations in the Pharmaceutical & medicine manufacturing Industry Group are Other managers, Sales representatives, wholesale & manufacturing, Miscellaneous production workers, including semiconductor processors, Chemists & materials scientists, and Other Physical Scientists. On average, full-time employees in the Pharmaceutical & medicine manufacturing Industry Group work 44.4 hours per week and have an average annual salary of $110,893. Part-time employees in the same industry work 20.6 hours and earn an average annual salary of $47,284.

The locations with the highest concentration of employees in the Pharmaceutical & medicine manufacturing Industry Group are Somerset County (South) PUMA, NJ, Bucks County (Central) PUMA, PA, and Middlesex County (Southwest) PUMA, NJ. The industry that purchases the most products or services from the Hospitals Industry Group is Pharmaceutical & medicine manufacturing.

Workforce

A snapshot of jobs, wages, and opportunities in the Pharmaceutical & medicine manufacturing Industry Group. Other managers are the most common position, but the Pharmaceutical & medicine manufacturing Industry Group employs a relatively high number of Chemists & materials scientists, compared to other industries. 

The highest average salary in Pharmaceutical & medicine manufacturing goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations

Occupations by Share

296k
Workforce (BLS Estimate)
ACS Estimate: 531k
-0.0461%
1 Year Growth
± 4.76%

The Bureau of Labor Statistics estimates that there were 296k people employed in the Pharmaceutical & medicine manufacturing Industry Group in 2018.

According to ACS estimates, the number of people employed in the Pharmaceutical & medicine manufacturing Industry Group has been declining at a rate of -0.0461%, , from 532k people in 2017 to 531k people in 2018.

The following graphic shows the share of employment in Pharmaceutical & medicine manufacturing by various occupations according to ACS estimates. Other managers represent the largest share of positions held in Pharmaceutical & medicine manufacturing at 8.58%, followed by Sales representatives, wholesale & manufacturing with 6.09% and Miscellaneous production workers, including semiconductor processors with 5.41%.

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Most Common

The most common occupations in the Pharmaceutical & medicine manufacturing Industry Group, by number of employees, are Other managers, Sales representatives, wholesale & manufacturing, Miscellaneous production workers, including semiconductor processors, Chemists & materials scientists, and Other Physical Scientists.

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Most Specialized

Compared to other Industry Groups, Pharmaceutical & medicine manufacturing employs an unusually high number of Chemists & materials scientists, Chemical engineers, and Medical scientists, & life scientists, all other.

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Highest Paid

The highest paid occupations in Pharmaceutical & medicine manufacturing, by average wage, are Lawyers, & judges, magistrates, & other judicial workers, Chief executives & legislators, and Medical & health services managers.

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Wages

Average Salary

$109,051
AVERAGE WAGE
± $3,322

On average, employees in the Pharmaceutical & medicine manufacturing Industry Group make $109,051 per year. This number makes Pharmaceutical & medicine manufacturing the 6 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Pharmaceutical & medicine manufacturing Industry Group.

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Wage Distribution

0.415
WAGE GINI

Pharmaceutical & medicine manufacturing has a wage GINI of 0.415, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Pharmaceutical & medicine manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Pharmaceutical & medicine manufacturing Industry Group.

These are locations that employ more people in the Pharmaceutical & medicine manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Pharmaceutical & medicine manufacturing Industry Group.

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Diversity

Demographic information on the Pharmaceutical & medicine manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $116,481 and $100,341. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

245k
FEMALE WORKFORCE
±12.1k
287k
MALE WORKFORCE
±13.1k

54% of workers in the Pharmaceutical & medicine manufacturing Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Pharmaceutical & medicine manufacturing Industry Group.

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Wage by Gender in Common Jobs

$116,481
AVERAGE MALE SALARY
±$4,890
$100,341
AVERAGE FEMALE SALARY
±$4,342

On average, Male workers in the Pharmaceutical & medicine manufacturing Industry Group make 1.16 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Pharmaceutical & medicine manufacturing Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY
  1. Native Hawaiian and Other Pacific Islander
  2. Asian
  3. White

On average, Native Hawaiian and Other Pacific Islander employees in the Pharmaceutical & medicine manufacturing Industry Group earn 1.23 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Pharmaceutical & medicine manufacturing Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Pharmaceutical & medicine manufacturing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Manufacturing has the highest single input, by dollars, to the Pharmaceutical & medicine manufacturing Industry Group, and the largest industry purchasing services from the Pharmaceutical & medicine manufacturing Industry Group is Manufacturing.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Pharmaceutical & medicine manufacturing is from Manufacturing.
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Intermediate Inputs

The closest comparable data for Pharmaceutical & medicine manufacturing is from Manufacturing.

The Pharmaceutical & medicine manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The closest comparable data for Pharmaceutical & medicine manufacturing is from Manufacturing.

The Manufacturing Industry purchases the greatest share of products and services from the Pharmaceutical & medicine manufacturing Industry Group in order to produce other goods and services. Purchases of the Pharmaceutical & medicine manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

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