Jewelers and precious stone and metal workers held about 52,000 jobs in 2006. About 51 percent of these workers were self-employed; many operated their own store or repair shop, and some specialized in designing and creating custom jewelry.
About 22 percent of wage-and-salary jobs for jewelers and precious stone and metal workers were in retail trade, primarily in jewelry, luggage, and leather goods stores. Another 17 percent of jobs were in jewelry and silverware manufacturing. A small number of jobs were with merchant wholesalers of miscellaneous durable goods and in repair shops providing repair and maintenance of personal and household goods. Although jewelry stores and repair shops were found in every city and in many small towns, most jobs were in larger metropolitan areas. Many jewelers employed in manufacturing worked in Rhode Island, New York, Chicago, Dallas, Florida, or California.
Job Outlook
Employment of jewelers and precious stone and metal workers is expected to experience little or no change. Prospects for bench jewelers and other skilled jewelers should be favorable; keen competition is expected for lower-skilled manufacturing jobs, such as assemblers and polishers.
Employment change. Employment of jewelers and precious stone and metal workers is expected to experience little or no change, declining 2 percent between 2006 and 2016.
The increasing numbers of affluent individuals, working women, double-income households, and fashion-conscious men are expected to keep jewelry sales strong. The population aged 45 and older, which accounts for a major portion of jewelry sales, also is on the rise. However, most jewelry manufacturing has already moved abroad, and this trend is expected to continue.
Nontraditional jewelry marketers, such as discount stores, mail-order and catalogue companies, television shopping networks, and Internet retailers, have expanded the number of buying options and increased their sales volume. However, these establishments require fewer sales staff, limiting employment opportunities for jewelers and precious stone and metal workers who work mainly in sales.
Traditional jewelers may continue to lose some of their market share to nontraditional outlets, but they will maintain a large customer base. Many buyers prefer to see and try on jewelry before purchasing it or enjoy the experience of shopping in a store. Jewelry stores also have the advantage of being able to offer personalized service and build client relationships. Additionally, new jewelry sold by nontraditional retailers will create demand for skilled jewelers for sizing, cleaning, and repair work. There may also be increased demand for bench jewelers as baby boomers seek customization and repair of heirloom jewelry.
Job prospects. Despite little or no change in employment, opportunities should be favorable for bench jewelers and other skilled jewelers. New jewelers will be needed to replace those who retire or who leave the occupation for other reasons. When master jewelers retire, they take with them years of experience that require substantial time and financial resources to replace. Many employers have difficulty finding and retaining jewelers with the right skills and the necessary knowledge. Opportunities in jewelry stores and repair shops will be best for graduates from training programs for jewelers or gemologists.
Keen competition is expected for lower-skilled manufacturing jobs that are amenable to automation, such as assemblers and polishers. Jewelry designers who wish to create their own jewelry lines should expect intense competition. Although demand for customized and boutique jewelry is strong, it is difficult for independent designers to establish themselves.
The jewelry industry can be cyclical. During economic downturns, demand for jewelry products and for jewelers tends to decrease. However, demand for repair workers should remain strong even during economic slowdowns because maintaining and repairing jewelry is an ongoing process. In fact, demand for jewelry repair may increase during recessions, as people repair or restore existing pieces rather than purchase new ones.