Sunday, April 07, 2013

Arizona mining jobs pay more than twice the state average

The average income of workers in the Arizona mining industry was $108,000 in 2011, more than double the state income average of $47,000.    Most of those jobs are in the copper industry.  Jobs generated as a result of the mining industry averaged $65,000 per year.  [Right, graph from report fact sheet]

The copper industry dominates economic impacts of the mining industry in Arizona, according to a new study from Arizona State University. "The Economic Impact of The Mining Industry on The State of Arizona – 2011" was prepared for the Arizona Mining Association by the L. William Seidman Research Institute W. P. Carey School of Business at ASU:

Arizona mining companies living in the state. Of this total, 10,600 were employed by copper mining companies. The remaining workers were employed by companies engaged in coal mining, gold and silver mining, and uranium mining. Employees of Arizona mining companies are distributed widely across state counties. Each of five counties is home to at least 10 percent of the state’s mining employees: Gila, Graham, Greenlee, Pima and Pinal.
Three other counties - Maricopa, Mohave and Yavapai — have more than 500 mining employees in residence. The total income paid to employees of Arizona mining companies in 2011 was $1.22 billion. This includes wages, salaries, and fringe benefits such as employer contributions to health insurance and retirement plans.

Overall, income per worker in the mining industry is $108,000. This compares with an average income of $47,000 per worker across all industries in Arizona.

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