Information

Industry Sector

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Workforce

2.86M

2019 BLS Estimate

Average Employee Age

41.3

Estimated Job Growth

−0.217%

10-Year Projection

Average Salary

$79,494

Average Male Salary

$90,398

Average Female Salary

$86,854

About

The top three occupations in the Information Industry Group are Other managers, Customer service representatives, Software developers, Producers & directors, and Telecommunications line installers & repairers. On average, full-time employees in the Information Industry Sector work 43.8 hours per week and have an average annual salary of $89,678. Part-time employees in the same industry work 20.5 hours and earn an average annual salary of $20,037.

The locations with the highest concentration of employees in the Information Industry Sector are LA City (Central/Pacific Palisades) PUMA, CA, West Hollywood & Beverly Hills Cities PUMA, CA, and Burbank City PUMA, CA. The industry that purchases the most products or services from the Hospitals Industry Group is Information.

Photo by bookfinch

Information

Workforce

A snapshot of jobs, wages, and opportunities in the Information Industry Sector. Other managers are the most common position, but the Information Industry Sector employs a relatively high number of News analysts, reporters, and journalists, compared to other industries.

The highest average salary in Information goes to Urban & regional planners.

Monthly Employment

Showing data for the Information industry sector.

Start Year

Y-Axis

3.88%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 2.73M people employed in the Information industry. This represents a 3.88% increase in employment when compared to May 2020.

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

Occupations

Occupations by Share

2.86M

Workforce (BLS Estimate)

ACS Estimate: 2.91M

−2.12%

1 Year Growth

± 2.05%

The Bureau of Labor Statistics estimates that there were 2.86M people employed in the Information Industry Sector in 2019.

According to ACS estimates, the number of people employed in the Information Industry Sector has been declining at a rate of −2.12%, , from 2.97M people in 2019 to 2.91M people in 2020.

The following graphic shows the share of employment in Information by various occupations according to ACS estimates. Other managers represent the largest share of positions held in Information at 6.03%, followed by Customer service representatives with 4.91% and Software developers with 4.21%.

Wages

Average Salary

$79,494

AVERAGE WAGE

± $1,253

On average, employees in the Information Industry Sector make $79,494 per year. This number makes Information the 3 highest paying Industry Sector in the United States out of a total of 14 Industry Sectors.

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 Information Industry Sector.

Wage Distribution

0.469

WAGE GINI

Information has a wage GINI of 0.469, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Information (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Information Industry Sector.

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

Diversity

Demographic information on the Information Industry Sector in the US. Male employees tend to earn more than Female employees, with average respective salaries of $90,398 and $86,854. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

1.19M

FEMALE WORKFORCE

±26.7k

1.72M

MALE WORKFORCE

±32k

59.1% of workers in the Information Industry Sector are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Information Industry Sector.

Wage by Sex in Common Jobs

$90,398

AVERAGE MALE SALARY

±$1,784

$86,854

AVERAGE FEMALE SALARY

±$1,694

On average, Male workers in the Information Industry Sector 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 Information Industry Sector.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Two or More Races

On average, Asian employees in the Information Industry Sector earn 1.45 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 Information Industry Sector.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Information Industry Sector. 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 Information Industry Sector, and the largest industry purchasing services from the Information Industry Sector is Information.

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

Intermediate Inputs

HIGHEST INPUT INDUSTRY

The Information Industry Sector 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

LARGEST PURCHASING INDUSTRY

The Information Industry purchases the greatest share of products and services from the Information Industry Sector in order to produce other goods and services. Purchases of the Information Industry Sector for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Information 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 Information industry has a lower projected workforce growth at −0.217%. Its projected 10-year growth in output (30.1%) is higher than the projected national growth in output (24.2%).

Job Growth

−0.217%

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 Information. This industry is expected to grow less than than 7.66%, the average rate of national job growth.