Industry Market Trends

Labor Day by the Numbers

August 31, 2011

In honor of the workers who keep this nation in business, here we take a look at some interesting facts and figures behind Labor Day.

The men and women in the United States workforce have faced some serious challenges this year. Here we look at the fascinating statistics underlying Labor Day and the many hardworking professionals it celebrates.

WHO WE ARE

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154.8 Million

Number of Americans over age 16 in the labor force

Source: U.S. Bureau of Labor Statistics (BLS) July 2011 Employment Situation

11.8 Million

Total number of employees in the U.S. manufacturing sector as of July 2011

Source: Ibid.

5.8 Million

Total number of employees in the U.S. construction industry as of July 2011

Source: Ibid.

763,000

Total number of employees in the U.S. mining industry as of July 2011

Source: Ibid.

24 Million

Number of male workers 16 and older in management, professional and related occupations

Source: U.S. Census Bureau 2009 American Community Survey

26 Million

Number of female workers 16 and older in management, professional and related occupations

Source: Ibid.

11.9%

Percentage of wage and salary workers in a union in 2010, down from 12.3 percent in 2009

Source: BLS Union Members Summary

10.7%

Percentage of workers in the manufacturing sector who are members of a union, down from 10.9 percent in 2009

Source: Ibid.

14.8 Million

Number of American workers who are self-employed

Source: U.S. Small Business Administration Office of Advocacy

722,000

Number of new establishments created in 2010

Source: Ibid.

1.13 Million

Net number of private-sector jobs created in 2010

Source: Ibid.

5.9 Million

Number of Americans who work from home

Source: U.S. Census Bureau 2009 American Community Survey

52%

Percentage of U.S. employers who cite difficulties in filling jobs due to lack of available talent in 2011, up from just 14 percent in 2010

Source: 2011 Manpower Talent Shortage Survey

4

Ranking of engineers on the list of most difficult positions to fill worldwide in 2011, following skilled trades workers, sales representatives and technicians

Source: Ibid.

HOW WE WORK

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25.1 Minutes

Average time it takes to commute to work

Source: 2009 American Community Survey

3.2 Million

Number of workers who face daily commutes of 90 minutes or more

Source: Ibid.

76.1%

Percentage of commuters who drive alone to work

Source: Ibid.

10%

Percentage of commuters who carpool to work

Source: Ibid.

5%

Percentage of commuters who take public transportation to work

Source: Ibid.

24%

Percentage of workers aged 16 and older who work 41 or more hours per week

Source: 2011 Statistical Abstract of the U.S. — Section 12

34.3

Average hours worked per week in the private sector in July

Source: BLS July Employment Situation Report

40.3

Average hours worked per week in the manufacturing sector in July, along with 3.1 hours of factory overtime

Source: Ibid.

0.8%

Percentage increase in productivity and output among U.S. workers from Q2 2010 to Q2 2011

Source: Ibid.

10.8

Average number of jobs a worker holds from the ages of 18 to 42

Source: 2011 Statistical Abstract of the U.S. — Section 12

HOW WE'RE COMPENSATED

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$47,127 and $36,278

Real median earnings for male and female full-time, year-round workers, respectively, in 2009

Source: U.S. Census Bureau 2009 Income, Poverty and Health Insurance Coverage in the U.S.

$56,409

Average annual salary in the manufacturing sector

Source: 2011 Statistical Abstract of the U.S. — Section 12

$59,909

Average total annual compensation for private-sector workers, including wages, salaries and employer insurance contributions

Source: Ibid.

$71,392

Average total annual compensation for manufacturing workers, including wages, salaries and employer insurance contributions

Source: Ibid.

$23.13

Average hourly earnings for private-sector employees

Source: BLS July Employment Situation Report

HOW WE'LL CELEBRATE

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31.5 Million

Number of Americans expected to travel 50 miles or more this Labor Day weekend, down 2.4 percent from last year

Source: AAA 2011 Labor Day Travel Forecast

27.3 Million

Number of travelers expected to drive to their holiday destinations, up 0.5 percent from last year

Source: Ibid.

2.5 Million

Number of travelers expected to fly to their destinations, down 1.9 percent from last year

Source: Ibid.

608 Miles

Average distance Americans are expected to travel for their holiday trip

Source: Ibid.

$702

Median amount expected to be spent for the holiday weekend, up slightly from $697 last year

Source: Ibid.

27%

Estimated percentage of holiday weekend spending on fuel and transportation, followed by accommodations (22 percent), food and beverages (21 percent), shopping (13 percent), entertainment and recreation (12 percent) and other costs (5 percent)

Source: Ibid.


Image Credits: istockphoto



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