Here are some facts about manufacturing. If you are turned off by the prospect of being unable to pay off college loans or are interested in finding out how to earn a good living without years of additional education, these manufacturing facts should help you make a plan.
Manufacturing is the fourth largest segment by employment. to put it into perspective, lets look at average wages in the top three industries by employment.
Manufacturing– According to BLS the average wage for CNC machine tool operators is $36,810 per year or $17.70 per hour. Link
Healthcare, non Degreed- According to BLS, Nursing aides, attendants and orderlies median wage is $24.10 per year or $11.54 per hour Link
Hospitality– The average hourly earnings for production and nonsupervisory employees in the Hospitality industry is just $11.85 per hour according to BLS. That’s about $24,648 per year. Link
Money isn’t everything, but it helps to have an idea whether or not you will earn enough on a job to support yourself.