Information

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Workforce

2.77M

2016 BLS Estimate

Average Employee Age

41.2

Estimated Job Growth

0.2%

10-Year Projection

Average Salary

$72,684

Average Male Salary

$82,401

Average Female Salary

$58,395

About

Workforce

Diversity

Input/Output

Projections

About

The top three occupations in the Information Industry Group are Miscellaneous managers, Customer service representatives, Telecommunications line installers & repairers, Software developers, applications & systems software, and Sales representatives, services, all other. On average, full-time employees in the Information Industry Sub-Sector work 43.9 hours per week and have an average annual salary of $82,298. Part-time employees in the same industry work 20.6 hours and earn an average annual salary of $17,672.

The locations with the highest concentration of employees in the Information Industry Sub-Sector are LA City (Central/Pacific Palisades) PUMA, CA, West Hollywood & Beverly Hills Cities PUMA, CA, and Santa Monica 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 Sub-Sector. Miscellaneous managers are the most common position, but the Information Industry Sub-Sector employs a relatively high number of Motion picture projectionists, compared to other industries. 

The highest average salary in Information goes to Other financial specialists.

Occupations

Occupations by Share

2.77M

Workforce (BLS Estimate)

ACS Estimate: 3M

-1.3%

1 Year Growth

± 2%

The Bureau of Labor Statistics estimates that there were 2.77M people employed in the Information Industry Sub-Sector in 2016.

According to ACS estimates, the number of people employed in the Information Industry Sub-Sector has been declining at a rate of -1.3%, , from 3.04M people in 2016 to 3M people in 2017.

The following graphic shows the share of employment in Information by various occupations according to ACS estimates. Miscellaneous managers represent the largest share of positions held in Information at 6.71%, followed by Customer service representatives with 4.94% and Telecommunications line installers & repairers with 3.95%.

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Most Common

The most common occupations in the Information Industry Sub-Sector, by number of employees, are Miscellaneous managers, Customer service representatives, Telecommunications line installers & repairers, Software developers, applications & systems software, and Sales representatives, services, all other.

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Most Specialized

Compared to other Industry Sub-Sectors, Information employs an unusually high number of Motion picture projectionists, News analysts, reporters & correspondents, and Telecommunications line installers & repairers.

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Highest Paid

The highest paid occupations in Information, by average wage, are Other financial specialists, Lawyers, & judges, magistrates, & other judicial workers, and Architectural & engineering managers.

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Wages

Average Salary

$72,684

AVERAGE WAGE

± $1,117

On average, employees in the Information Industry Sub-Sector make $72,684 per year. This number makes Information the 3 highest paying Industry Sub-Sector in the United States out of a total of 21 Industry Sub-Sectors.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

  1. Montgomery County (South)The Woodlands (North) PUMA, TX

  2. Eden Prairie & Minnetonka Cities PUMA, MN

  3. Nueces CountyCorpus Christi City (Outer) PUMA, TX

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Information Industry Sub-Sector.

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Wage Distribution

0.467

WAGE GINI

Information has a wage GINI of 0.467, which is less than than the national average of 0.479. In other words, wages are distributed less evenly in Information (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

  1. LA City (Central/Pacific Palisades) PUMA, CA

  2. West Hollywood & Beverly Hills Cities PUMA, CA

  3. Santa Monica City PUMA, CA

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

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

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Diversity

Demographic information on the Information Industry Sub-Sector in the US. Male employees tend to earn more than Female employees, with average respective salaries of $82,401 and $58,395. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

1.22M

FEMALE WORKFORCE

±27k

1.79M

MALE WORKFORCE

±32.6k

59.5% of workers in the Information Industry Sub-Sector are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Information Industry Sub-Sector.

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Wage by Gender in Common Jobs

$82,401

AVERAGE MALE SALARY

±$1,581

$58,395

AVERAGE FEMALE SALARY

±$1,428

On average, Male workers in the Information Industry Sub-Sector make 1.41 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Information Industry Sub-Sector.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. Asian

  2. White

  3. Alaska Native

On average, Asian employees in the Information Industry Sub-Sector earn 1.36 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 Sub-Sector.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Information Industry Sub-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. Information has the highest single input, by dollars, to the Information Industry Sub-Sector, and the largest industry purchasing services from the Information Industry Sub-Sector is Information.

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 Information is from Information.

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Intermediate Inputs

HIGHEST INPUT INDUSTRY

  1. Information

  2. Professional and business services

  3. Manufacturing

The Information Industry Sub-Sector gets the most input, by its share of the cost of all intermediate inputs, from the Information Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

LARGEST PURCHASING INDUSTRY

  1. Information

  2. Professional and business services

  3. Finance, insurance, real estate, rental, and leasing

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

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Projections

Growth projections of the Information Industry Sub-Sector, 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 Information Industry Sub-Sector has a lower projected workforce growth at 0.2%. Its projected 10-year growth in output (2.9%) is lower than the projected national growth in output (24.6%).

Job Growth

0.2%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Information Industry Sub-Sector, which is lower than the national average of 8.13%.

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Output Growth

2.9%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Information Industry Sub-Sector, which is lower than the national average of 24.6%

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