There are approximately 1.3 million job openings in the capital goods industry.
When it comes to job opportunities, few sectors are as promising as capital goods. According to the Bureau of Labor Statistics, this industry is expected to grow by 6 percent between 2016 and 2026. That’s more than double the rate of growth for all occupations! If you’re looking for a career that has plenty of room for advancement, then consider pursuing a job in capital goods. In this article, we will take a closer at what jobs are available in this exciting field.
“How Many Jobs Are Available In Capital Goods?” is an excellent question.
Before we dive into things, let’s take a closer look at some basic frequently asked questions:
What Is Capital Goods?
Capital goods are tangible assets that a firm makes use of during the production process in order to create goods and services that will subsequently be consumed by customers. The term “capital goods” refers to any form of fixed asset, including but not limited to buildings, machines, equipment, vehicles, and tools.
How Many Jobs Are Available In Capital Goods?
There are approximately 1.3 million job openings in the capital goods industry. Of which, only about 150,000 are manual labour jobs. This means that there is an enormous need for people to fill those other 900,000 jobs in the capital goods sector at the moment.
There isn’t a standard answer to the question “How many jobs are there in the Capital Goods industry?” since the answer changes depending on the type of employment that’s being sought. For instance, research from Indeed reveals that there are more than 4,000 job openings in the field of engineering, whereas there are only approximately 1,000 job openings in the field of sales.
In addition, only roughly 200,000 of these occupations are really associated with working in the construction industry. As a direct consequence of this, there is an immediate demand for 2.3 million additional employees.
How To Find A Job In Capital Goods
One of the most reliable places to find Capital Goods jobs are in public offices like The Department Of Energy, the National Institute Of Standards And Technology (NIST), and many more. Another place you will get access to Capital Goods jobs is in the private sector. This is because there are so many private Companies that Provide capital. Goods.
You can also find capital jobs via some job posting websites like Find Capital Goods Like Linkedin, Indeed, Or Monster.
Resources To Find The Best Paying Jobs In Capital Goods
Online job boards – An excellent resource for locating one of the best paying jobs in capital goods, is to turn to online job boards. You may search for positions that are currently open by company, job title, location, and much more criteria.
Websites of firms – Once you have compiled a list of companies that manufacture capital goods that you are interested in working for, check back periodically on the careers page of each company’s official website to see if any new positions have been listed.
Internships – If you are interested, submit your application for an internship with a manufacturer of capital goods. If an intern does a good job for their company during their internship, the majority of organizations will consider hiring them for full-time employment.
Collage Career Centers – Colleges typically provide students with access to career centers that can assist them in their job search following graduation. Check out the career services that your school provides if you are a recent graduate or if you are still enrolled in college.
Professional Organization – Joining a professional group will allow you to network with people from different professions and keep you up to speed on the latest information regarding the job market that is relevant to your career. In most cases, professional organizations also provide access to a job board.
Is There an Opportunity For Growth In The Field Of Capital Goods?
Without a shadow of a doubt! Because the capital goods business is so exciting, young professionals who are interested in further developing their skills and staying current in their field while still having the potential to earn earnings that may sustain them might want to explore working in this sector. You have a lot of wonderful options to pick from if you want to locate one of the jobs in the capital goods industry that pays one of the finest salaries.
Companies such as Union Pacific, General Electric, Honeywell International, Lockheed Martin, United Rentals Inc., and Boeing all provide opportunities for employees to further their careers in an international setting. These firms also offer a variety of perks to their employees, including retirement plans, tuition reimbursement, paid time off, medical insurance, dental insurance, and vision insurance.
11 Of The Best Paying Jobs In Capital Goods
1. Engineering Managers
The average Engineering Manager’s salary in the United States is $139,105 as of May 27, 2022, making this one of the best-paying jobs in capital goods.
2. Manufacturing Engineer
The average salary for Manufacturing Engineers as reported by Payscale is $72,526/year.
3. Senior Mechanical Engineer
The annual salary of a senior mechanical engineer might be more than $200,000 in some cases. Career opportunities in the fields of mechanical and electrical engineering are consistently ranked among the top-paid jobs in the world.
4. Electrical Engineer
A yearly salary of $78,206 is considered to be the norm for electrical engineers.
However, the annual cap might go as high as much than $200,000 in some cases making this one of the best-paying jobs in capital goods. Jobs in electrical engineering are consistently ranked among the most lucrative employment opportunities available, and the industry of capital goods is one in which you may discover opportunities like this.
5. Quality Control Manager
In the United States, an annual wage of $72,175 is considered to be the norm for the position of quality control manager, making this one of the best-paying jobs in capital goods.
6. Industrial Designer
As of the 27th of May, 2022, the normal income range for an industrial designer in the United States is between $55,405 and $69,351, with the average salary coming in at $61,445 per year. A person’s education level, certifications, supplementary talents, and length of time spent working in their field are just a few of the crucial aspects that can have a significant impact on the salary ranges they can expect.
7. Research And Development Manager
As of May 27, 2022, the normal compensation range for a Research and Development Manager in the United States is between $127,242 and $167,844; however, the average income for this position is $146,091 per year.
8. Sales Engineer
A yearly payment of $74,690 is considered to be the norm for sales engineers, making this one of the best-paying jobs in capital goods.
9. Marketing Manager
Someone in this position often holds a degree in marketing or a discipline that is closely linked to marketing, in addition to several years of experience working in the industry. As of the 27th of May, 2022, the normal compensation range for a marketing manager in the United States is between $98,161 and $128,433, with the average income coming in at $111,898.
10. Business Development Manager
Business Development Manager is considered one of the best paying jobs in capital goods, with a typical annual income of $75,570, according to Payscale.com.
11. Software Developer
The average salary for a software engineer is $93,920 per year in the United States and a $5,000 cash bonus per year.35.7k salaries reported, updated on June 12, 2022.
Conclusion
As you can see, there are plenty of job opportunities available in capital goods. Whether you’re looking for a position in management, engineering, or sales, there is sure to be a role that’s perfect for you. So don’t wait any longer, start your search today!