Hospitals

Industry Group

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Workforce

5.2M

2019 BLS Estimate

Average Employee Age

43.1

Estimated Job Growth

4.92%

10-Year Projection

Average Salary

$64,365

Average Male Salary

$89,228

Average Female Salary

$86,162

About

The top three occupations in the Hospitals Industry Group are Registered nurses, Nursing, psychiatric, & home health aides, Physicians & surgeons, Medical & health services managers, and Diagnostic related technologists & technicians. On average, full-time employees in the Hospitals Industry Group work 42.5 hours per week and have an average annual salary of $69,692. Part-time employees in the same industry work 24.1 hours and earn an average annual salary of $35,863.

The locations with the highest concentration of employees in the Hospitals Industry Group are Rochester City PUMA, MN, Philadelphia City (Center City) PUMA, PA, and Brazoria County (North)Pearland City PUMA, TX. The industry that purchases the most products or services from the Hospitals Industry Group is Hospitals.

Photo by Mohd Fazlin Mohd Effendy Ooi

Workforce

A snapshot of jobs, wages, and opportunities in the Hospitals Industry Group. Registered nurses are the most common position, but the Hospitals Industry Group employs a relatively high number of Respiratory therapists, compared to other industries.

The highest average salary in Hospitals goes to Chief executives & legislators.

Monthly Employment

Start Year

Y-Axis

2.19%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 5.02M people employed in the Hospitals industry. This represents a 2.19% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Hospitals over time (non-seasonally adjusted).

Occupations by Share

5.2M

Workforce (BLS Estimate)

ACS Estimate: 7.21M

2.52%

1 Year Growth

± 1.24%

The Bureau of Labor Statistics estimates that there were 5.2M people employed in the Hospitals Industry Group in 2019.

According to ACS estimates, the number of people employed in the Hospitals Industry Group has been growing at a rate of 2.52%, , from 7.03M people in 2016 to 7.21M people in 2017.

The following graphic shows the share of employment in Hospitals by various occupations according to ACS estimates. Registered nurses represent the largest share of positions held in Hospitals at 27.7%, followed by Nursing, psychiatric, & home health aides with 6.59% and Physicians & surgeons with 5.79%.

Most Common

The most common occupations in the Hospitals Industry Group, by number of employees, are Registered nurses, Nursing, psychiatric, & home health aides, Physicians & surgeons, Medical & health services managers, and Diagnostic related technologists & technicians.

Most Specialized

Compared to other Industry Groups, Hospitals employs an unusually high number of Respiratory therapists, Radiation therapists, and Diagnostic related technologists & technicians.

Highest Paid

The highest paid occupations in Hospitals, by average wage, are Chief executives & legislators, Physicians & surgeons, and Lawyers, & judges, magistrates, & other judicial workers.

Average Salary

$64,365

AVERAGE WAGE

± $625

On average, employees in the Hospitals Industry Group make $64,365 per year. This number makes Hospitals the 64 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Hospitals Industry Group.

Wage Distribution

WAGE GINI

Hospitals has a wage GINI of 1, which is more than than the national average of 0.478. In other words, wages are distributed less evenly in Hospitals (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Hospitals Industry Group.

These are locations that employ more people in the Hospitals Industry Group than expected given both the size of that location's overall labor pool and the national size of the Hospitals Industry Group.

Diversity

Demographic information on the Hospitals Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $89,228 and $86,162. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

5.4M

FEMALE WORKFORCE

±56k

1.8M

MALE WORKFORCE

±32.7k

75% of workers in the Hospitals Industry Group are Female, making them the more common sex in the workforce. This chart shows the sex breakdown of the Hospitals Industry Group.

Wage by Sex in Common Jobs

$89,228

AVERAGE MALE SALARY

±$1,907

$86,162

AVERAGE FEMALE SALARY

±$1,856

On average, Male workers in the Hospitals Industry Group make 1.04 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Hospitals Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

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On average, false employees in the Hospitals Industry Group earn NaNM 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 Hospitals Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Hospitals 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 Hospitals Industry Group, and the largest industry purchasing services from the Hospitals Industry Group is Educational services, health care, and social assistance.

In this flow diagram, 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 Hospitals is from Educational Services, Health Care & Social Assistance.

Intermediate Inputs

The closest comparable data for Hospitals is from Educational Services, Health Care & Social Assistance.

HIGHEST INPUT INDUSTRY

The Hospitals 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.

Use of Output by Other Industries

The closest comparable data for Hospitals is from Educational Services, Health Care & Social Assistance.

LARGEST PURCHASING INDUSTRY

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

Projections

Growth projections of the Hospitals industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Hospitals industry has a lower projected workforce growth at 4.92%. Its projected 10-year growth in output (33.3%) is higher than the projected national growth in output (24.2%).

Job Growth

4.92%

Estimated Job Growth

10-year Projection

7.66%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Hospitals. This industry is expected to grow less than than 7.66%, the average rate of national job growth.