Business, technical & trade schools and training

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Workforce

3.56M

2016 BLS Estimate

Average Employee Age

43.6

Estimated Job Growth

1.3%

10-Year Projection

Average Salary

$47,526

Average Male Salary

$56,796

Average Female Salary

$39,903

About

The top three occupations in the Business, technical & trade schools and training Industry Group are Postsecondary teachers, Education administrators, Other teachers & instructors, Elementary & middle school teachers, and Secretaries & administrative assistants. On average, full-time employees in the Business, technical & trade schools and training Industry Group work 42.8 hours per week and have an average annual salary of $58,733. Part-time employees in the same industry work 20.5 hours and earn an average annual salary of $17,825.

The locations with the highest concentration of employees in the Business, technical & trade schools and training Industry Group are Gilbert (South) & Queen Creek Towns PUMA, AZ, Cattaraugus & Allegany Counties PUMA, NY, and Vacaville & Dixon Cities PUMA, CA. The industry that purchases the most products or services from the Hospitals Industry Group is Business, technical & trade schools and training.

Workforce

A snapshot of jobs, wages, and opportunities in the Business, technical & trade schools and training Industry Group. Postsecondary teachers are the most common position, but the Business, technical & trade schools and training Industry Group employs a relatively high number of Postsecondary teachers, compared to other industries. 

The highest average salary in Business, technical & trade schools and training goes to Chief executives & legislators.

Occupations

Occupations by Share

3.56M

Workforce (BLS Estimate)

ACS Estimate: 103k

-10.3%

1 Year Growth

± 11.8%

The Bureau of Labor Statistics estimates that there were 3.56M people employed in the Business, technical & trade schools and training Industry Group in 2016.

According to ACS estimates, the number of people employed in the Business, technical & trade schools and training Industry Group has been declining at a rate of -10.3%, , from 114k people in 2016 to 103k people in 2017.

The following graphic shows the share of employment in Business, technical & trade schools and training by various occupations according to ACS estimates. Postsecondary teachers represent the largest share of positions held in Business, technical & trade schools and training at 30.2%, followed by Education administrators with 8.63% and Other teachers & instructors with 5.04%.

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Most Common

The most common occupations in the Business, technical & trade schools and training Industry Group, by number of employees, are Postsecondary teachers, Education administrators, Other teachers & instructors, Elementary & middle school teachers, and Secretaries & administrative assistants.

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Most Specialized

Compared to other Industry Groups, Business, technical & trade schools and training employs an unusually high number of Postsecondary teachers, Training & development specialists, and Other education, training, & library workers.

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Highest Paid

The highest paid occupations in Business, technical & trade schools and training, by average wage, are Chief executives & legislators, Training & development managers, and Other Sales Workers.

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Wages

Average Salary

$47,526

AVERAGE WAGE

± $3,759

On average, employees in the Business, technical & trade schools and training Industry Group make $47,526 per year. This number makes Business, technical & trade schools and training the 163 highest paying Industry Group in the United States out of a total of 266 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, technical & trade schools and training Industry Group.

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Wage Distribution

0.442

WAGE GINI

Business, technical & trade schools and training 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, technical & trade schools and training (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, technical & trade schools and training Industry Group.

These are locations that employ more people in the Business, technical & trade schools and training Industry Group than expected given both the size of that location's overall labor pool and the national size of the Business, technical & trade schools and training Industry Group.

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Diversity

Demographic information on the Business, technical & trade schools and training Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $56,796 and $39,903. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

56.3k

FEMALE WORKFORCE

±5.83k

46.3k

MALE WORKFORCE

±5.28k

54.9% of workers in the Business, technical & trade schools and training Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Business, technical & trade schools and training Industry Group.

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Wage by Gender in Common Jobs

$56,796

AVERAGE MALE SALARY

±$6,191

$39,903

AVERAGE FEMALE SALARY

±$4,430

On average, Male workers in the Business, technical & trade schools and training Industry Group make 1.42 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Business, technical & trade schools and training Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. Asian

  2. White

  3. Black

On average, Asian employees in the Business, technical & trade schools and training Industry Group earn 1.11 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, technical & trade schools and training Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Business, technical & trade schools and training 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. Professional and business services has the highest single input, by dollars, to the Business, technical & trade schools and training Industry Group, and the largest industry purchasing services from the Business, technical & trade schools and training Industry Group is Educational services, health care, and social assistance.

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, technical & trade schools and training is from Educational Services, Health Care & Social Assistance.

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Intermediate Inputs

The Business, technical & trade schools and training Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The Educational services, health care, and social assistance Industry purchases the greatest share of products and services from the Business, technical & trade schools and training Industry Group in order to produce other goods and services. Purchases of the Business, technical & trade schools and training Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Business, technical & trade schools and training Industry Group, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 8.13% in the next ten years. The Business, technical & trade schools and training Industry Group has a lower projected workforce growth at 1.3%. Its projected 10-year growth in output (1.3%) is lower than the projected national growth in output (24.6%).

Job Growth

1.3%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in the number of jobs for the Business, technical & trade schools and training Industry Group.

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Output Growth

1.3%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in output of the Business, technical & trade schools and training Industry Group.

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