Business, professional, political, & similar organizations

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Workforce

172k

2018 ACS Estimate

Average Employee Age

45.2

Average Salary

$76,246

Average Male Salary

$93,190

Average Female Salary

$64,733

About

The top three occupations in the Business, professional, political, & similar organizations Industry Group are Social & community service managers, Other managers, Chief executives & legislators, Meeting, convention, & event planners, and Secretaries and administrative assistants, except legal, medical, and executive. On average, full-time employees in the Business, professional, political, & similar organizations Industry Group work 43.7 hours per week and have an average annual salary of $85,504. Part-time employees in the same industry work 20.9 hours and earn an average annual salary of $20,405.

The locations with the highest concentration of employees in the Business, professional, political, & similar organizations Industry Group are Arlington County (North) PUMA, VA, District of Columbia (West) PUMA, DC, and District of Columbia (Central) PUMA, DC. The industry that purchases the most products or services from the Hospitals Industry Group is Business, professional, political, & similar organizations.

Workforce

A snapshot of jobs, wages, and opportunities in the Business, professional, political, & similar organizations Industry Group. Social & community service managers are the most common position, but the Business, professional, political, & similar organizations Industry Group employs a relatively high number of Social & community service managers, compared to other industries. 

The highest average salary in Business, professional, political, & similar organizations goes to Economists.

Occupations

Occupations by Share

172k

Workforce (ACS Estimate)

± 10.2k

1.25%

1 Year Growth

± 8.29%

According to ACS estimates, the number of people employed in the Business, professional, political, & similar organizations Industry Group has been growing at a rate of 1.25%, , from 170k people in 2017 to 172k people in 2018.

The following graphic shows the share of employment in Business, professional, political, & similar organizations by various occupations according to ACS estimates. Social & community service managers represent the largest share of positions held in Business, professional, political, & similar organizations at 16%, followed by Other managers with 5.29% and Chief executives & legislators with 5.26%.

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Most Common

The most common occupations in the Business, professional, political, & similar organizations Industry Group, by number of employees, are Social & community service managers, Other managers, Chief executives & legislators, Meeting, convention, & event planners, and Secretaries and administrative assistants, except legal, medical, and executive.

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Most Specialized

Compared to other Industry Groups, Business, professional, political, & similar organizations employs an unusually high number of Social & community service managers, Miscellaneous community & social service specialists, including health educators & community health workers, and Meeting, convention, & event planners.

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Highest Paid

The highest paid occupations in Business, professional, political, & similar organizations, by average wage, are Economists, Lawyers, & judges, magistrates, & other judicial workers, and Chief executives & legislators.

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Wages

Average Salary

$76,246

AVERAGE WAGE

± $4,687

On average, employees in the Business, professional, political, & similar organizations Industry Group make $76,246 per year. This number makes Business, professional, political, & similar organizations the 47 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Business, professional, political, & similar organizations Industry Group.

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Wage Distribution

0.442

WAGE GINI

Business, professional, political, & similar organizations has a wage GINI of 0.442, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Business, professional, political, & similar organizations (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Business, professional, political, & similar organizations Industry Group.

These are locations that employ more people in the Business, professional, political, & similar organizations Industry Group than expected given both the size of that location's overall labor pool and the national size of the Business, professional, political, & similar organizations Industry Group.

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Diversity

Demographic information on the Business, professional, political, & similar organizations Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $93,190 and $64,733. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

102k

FEMALE WORKFORCE

±7.86k

69.6k

MALE WORKFORCE

±6.48k

59.5% of workers in the Business, professional, political, & similar organizations Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Business, professional, political, & similar organizations Industry Group.

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Wage by Gender in Common Jobs

$93,190

AVERAGE MALE SALARY

±$9,253

$64,733

AVERAGE FEMALE SALARY

±$4,527

On average, Male workers in the Business, professional, political, & similar organizations Industry Group make 1.44 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Business, professional, political, & similar organizations Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. White

  2. Asian

  3. Black

On average, White employees in the Business, professional, political, & similar organizations Industry Group earn 1.05 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Business, professional, political, & similar organizations Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Business, professional, political, & similar organizations Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Manufacturing has the highest single input, by dollars, to the Business, professional, political, & similar organizations Industry Group, and the largest industry purchasing services from the Business, professional, political, & similar organizations Industry Group is Professional and business services.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Business, professional, political, & similar organizations is from Other Services, Except Public Administration.

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Intermediate Inputs

The closest comparable data for Business, professional, political, & similar organizations is from Other Services, Except Public Administration.

The Business, professional, political, & similar organizations Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The closest comparable data for Business, professional, political, & similar organizations is from Other Services, Except Public Administration.

The Professional and business services Industry purchases the greatest share of products and services from the Business, professional, political, & similar organizations Industry Group in order to produce other goods and services. Purchases of the Business, professional, political, & similar organizations Industry Group for final consumption by consumers, businesses, or government are not included here.

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