Professional, Scientific & Management, and Administrative & Waste Management Services

Industry Sector

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Workforce

18.9M

2019 BLS Estimate

Average Employee Age

Estimated Job Growth

7.34%

10-Year Projection

Average Salary

$75,520

Average Male Salary

$87,297

Average Female Salary

$84,490

About

The top three occupations in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Group are Other managers, Software developers, Lawyers, & judges, magistrates, & other judicial workers, Landscaping and groundskeeping workers, and Janitors & building cleaners. On average, full-time employees in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector work 43.8 hours per week and have an average annual salary of $83,771. Part-time employees in the same industry work 21.8 hours and earn an average annual salary of $26,459.

The locations with the highest concentration of employees in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector are Arlington County (North) PUMA, VA, District of Columbia (Central) PUMA, DC, and Inner Mission & Castro PUMA, CA. The industry that purchases the most products or services from the Hospitals Industry Group is Professional, Scientific & Management, and Administrative & Waste Management Services.

Photo by Flazingo Photos

Workforce

A snapshot of jobs, wages, and opportunities in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector. Other managers are the most common position, but the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector employs a relatively high number of Pest control workers, compared to other industries.

The highest average salary in Professional, Scientific & Management, and Administrative & Waste Management Services goes to Physicians.

Monthly Employment

Showing data for the Professional and Business Services industry sector.

Start Year

Y-Axis

7.31%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 21M people employed in the Professional and Business Services industry. This represents a 7.31% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Professional and Business Services over time (non-seasonally adjusted).

Occupations

Occupations by Share

18.9M

Workforce (BLS Estimate)

ACS Estimate: 16.5M

2.08%

1 Year Growth

± 0.793%

The Bureau of Labor Statistics estimates that there were 18.9M people employed in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector in 2019.

According to ACS estimates, the number of people employed in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector has been growing at a rate of 2.08%, , from 16.2M people in 2019 to 16.5M people in 2020.

The following graphic shows the share of employment in Professional, Scientific & Management, and Administrative & Waste Management Services by various occupations according to ACS estimates. Other managers represent the largest share of positions held in Professional, Scientific & Management, and Administrative & Waste Management Services at 5.46%, followed by Software developers with 4.62% and Lawyers, & judges, magistrates, & other judicial workers with 4.09%.

Most Common

The most common occupations in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector, by number of employees, are Other managers, Software developers, Lawyers, & judges, magistrates, & other judicial workers, Landscaping and groundskeeping workers, and Janitors & building cleaners.

Most Specialized

Compared to other Industry Sectors, Professional, Scientific & Management, and Administrative & Waste Management Services employs an unusually high number of Pest control workers, Veterinary assistants & laboratory animal caretakers, and Travel agents.

Highest Paid

The highest paid occupations in Professional, Scientific & Management, and Administrative & Waste Management Services, by average wage, are Physicians, Chief executives & legislators, and Actuaries.

Wages

Average Salary

$75,520

AVERAGE WAGE

± $514

On average, employees in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector make $75,520 per year. This number makes Professional, Scientific & Management, and Administrative & Waste Management Services 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 Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector.

Wage Distribution

0.484

WAGE GINI

Professional, Scientific & Management, and Administrative & Waste Management Services has a wage GINI of 0.484, which is more than than the national average of 0.478. In other words, wages are distributed less evenly in Professional, Scientific & Management, and Administrative & Waste Management Services (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 Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector.

These are locations that employ more people in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector than expected given both the size of that location's overall labor pool and the national size of the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector.

Diversity

Demographic information on the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector in the US. Male employees tend to earn more than Female employees, with average respective salaries of $87,297 and $84,490. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

7.02M

FEMALE WORKFORCE

±63.5k

9.51M

MALE WORKFORCE

±73.2k

57.5% of workers in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector.

Wage by Sex in Common Jobs

$87,297

AVERAGE MALE SALARY

±$757

$84,490

AVERAGE FEMALE SALARY

±$748

On average, Male workers in the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector make 1.03 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Professional, Scientific & Management, and Administrative & Waste Management Services 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 Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector earn 1.3 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 Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Professional, Scientific & Management, and Administrative & Waste Management Services 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 Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector, and the largest industry purchasing services from the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector is Professional and business services.

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 Professional, Scientific & Management, and Administrative & Waste Management Services 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 Professional and business services Industry purchases the greatest share of products and services from the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector in order to produce other goods and services. Purchases of the Professional, Scientific & Management, and Administrative & Waste Management Services Industry Sector for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Professional and Technical Services and Administrative and Waste Services 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 Professional and Technical Services and Administrative and Waste Services industry has a lower projected workforce growth at 7.34%. Its projected 10-year growth in output (25.3%) is higher than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Professional and Technical Services and Administrative and Waste Services.

7.34%

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 Professional and Technical Services and Administrative and Waste Services. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Professional and Technical Services and Administrative and Waste Services.

25.3%

Estimate Growth

10-year Projection

This line chart shows the projected 10-year growth in output of the Professional and Technical Services and Administrative and Waste Services industry.

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