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Market Research -Employment & Wages in the Furniture Market - United States 2003

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EMPLOYMENT AND WAGES IN THE Furniture MARKET - UNITED STATES 2003

Published by AKTRIN Research Institute: Distributed by AMA Research Ltd.

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Introduction/Overview Summary Of Contents List of Contents & Tables  
       

INTRODUCTION and OVERVIEW 

The furniture industry is not a major employer in the United States. Employment in the American furniture industry stood at 491,200 as of 2002. This is less than 0.4% of the overall employment in the United States. It seems that the furniture industry lends itself less to labor-saving technologies than other industries. 

Between 1982 and 2002, furniture employment grew by 13.6% while total manufacturing employment fell by 11%. Hourly wage rate in the furniture and fixtures industry averaged $12.65 compared to $15.30 for manufacturing as a whole in 2002. The average furniture employee's earnings were just 82.7% of those of the average manufacturing employee. During the past 20 years, this gap has gradually narrowed. The reason for this difference must be found in the fact that the output per worker (labor productivity) in the furniture sector falls short of that among all manufacturers by almost 50%.

 

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Employment and Wages in the Furniture Market - US 2003
ISBN: 1-894330-92-7
£410
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Buy a copy of the Employment and Wages in the Furniture Market in the United States from AMA Research

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