May 10, 2011 by Emsi Burning Glass
Prompted by Paul Tosto’s MinnEcon blog, we looked at all 20 broad-level industry groups to see which have the highest share of workers 55 years and older. The answer? Educational services, public administration, real estate, and utilities.
In those four industries, at least 23% of workers in the US are 55-plus — in other words, nearing retirement age. Education is tops with 26%, while accommodation & food services is lowest with 10%.
When you add the 45-54 age group to the 55-and-above category, utilities rises to the top, at 57%, followed by public admin (53%), education (52%), and manufacturing (51%). The chart below gives a breakdown of the top 10, and we’ve included data for all 20 industries below.
Click on chart for larger image.
The source for this data is the US Census Bureau’s LEHD program and its Quarterly Workforce Indicators, which blend demographic information with industry statistics. [1. Data for three states — Connecticut, Massachusetts, New Hampshire — and the District of Columbia were not available at the time of the analysis through the LEHD program.] These figures are current as of the first quarter 2010.
Here are a few other takeaways from the tables below:
| Industry | Distribution of Workers 45-54 | Distribution of Workers 55-64 | Distribution of Workers 65 & above |
|---|---|---|---|
| Utilities | 34% | 21% | 2% |
| Public Administration | 29% | 19% | 5% |
| Educational Services | 26% | 21% | 5% |
| Manufacturing | 30% | 18% | 3% |
| Transportation and Warehousing | 28% | 17% | 4% |
| Mining | 27% | 17% | 3% |
| Real Estate and Rental and Leasing | 24% | 16% | 7% |
| Wholesale Trade | 27% | 16% | 4% |
| Agriculture, Forestry, Fishing and Hunting | 23% | 14% | 8% |
| Other Services (except Public Administration) | 23% | 16% | 6% |
| Health Care and Social Assistance | 25% | 16% | 4% |
| Management of Companies and Enterprises | 26% | 15% | 3% |
| Construction | 26% | 13% | 4% |
| Finance and Insurance | 24% | 14% | 3% |
| Professional, Scientific, and Technical Services | 23% | 14% | 4% |
| Information | 23% | 13% | 3% |
| Administrative and Support and Waste Management and Remediation Services | 21% | 13% | 5% |
| Retail Trade | 19% | 12% | 5% |
| Arts, Entertainment, and Recreation | 19% | 12% | 5% |
| Accommodation and Food Services | 14% | 7% | 3% |
Here is the above data aggregated into two overarching categories (55+ and 45+).
| Industry | Distribution of Workers 55+ | Distribution of Workers 45+ |
|---|---|---|
| Utilities | 23% | 57% |
| Public Administration | 24% | 53% |
| Educational Services | 26% | 52% |
| Manufacturing | 21% | 51% |
| Transportation and Warehousing | 21% | 49% |
| Mining | 20% | 47% |
| Real Estate and Rental and Leasing | 23% | 47% |
| Wholesale Trade | 20% | 47% |
| Agriculture, Forestry, Fishing and Hunting | 22% | 45% |
| Other Services (ex. Public Admin.) | 22% | 45% |
| Health Care and Social Assistance | 20% | 45% |
| Management of Companies and Enterprises | 18% | 44% |
| Construction | 17% | 43% |
| Finance and Insurance | 17% | 41% |
| Professional, Scientific, and Technical Services | 18% | 41% |
| Information | 16% | 39% |
| Administrative and Support and Waste Management and Remediation Services | 18% | 39% |
| Retail Trade | 17% | 36% |
| Arts, Entertainment, and Recreation | 17% | 36% |
| Accommodation and Food Services | 10% | 24% |
