Sunday, November 18, 2012


Sofia Klotz
November 17th 2012
Business 1.0
Section 1
                                                            Blog # 5

The grocery industry is one of the largest industries totaling 1.07 trillion dollars in revenue per year.  The industry creates 2.4 million full and part time jobs in the United States alone. There are a multitude of jobs that the grocery industry creates for a wide range of differently qualified personnel. It is especially interesting to look at the distribution of income throughout jobs the industry.
Sales related occupations, more commonly known as front line workers such as supervisors, managers, cashiers and salespersons, represent the largest sector of jobs in this industry, accounting for 41.7% or 1.08 million jobs in the grocery industry. The second largest category is the office and administrative support occupations, which consist of supervisors and managers of the office and administrative support workers, bookkeepers, accountants, auditing clerks, and order fillers, that when combined account for 22% of the 2.4 million jobs in the grocery industry.
 The third largest group is composed of production and service occupations such as pharmacy aids, cooks, bakers, food preparation workers, and meat, fish and poultry trimmers, which account for 21% of jobs in the industry. The last large chunk is jobs that relate to the transportation of materials, which account for 10.6% of the industry’s jobs.  Together these four groups account for 95.6% of the jobs in the grocery industry however these employees on average only get paid an average salary of 28,680 per year, equaling about 13.7 dollars per hour.
On the opposite end of the job spectrum are the Management, business, pharmaceutical, and financial occupations which account for the remaining 4.4% of jobs in the grocery industry. Out of these 105 thousand jobs the average salary is around 140 thousand dollars per year. This shows that 4.4% of people are making 14.7 billion dollars, as apposed to the 64 billion that the other 95.6% of workers combined earn.

1 comment:

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