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Business & financial operations occupations&

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Total Workforce
7.07M
Average Age
43.2
Estimated Job Growth
9.6%
10-Year Projection
Average Salary
$75,667
Average Male Salary
$92,227
Average Female Salary
$62,515

Employment

Information on the businesses and industries that employ Business & financial operations occupations and on wages and locations for those in the field. Insurance carriers & related activities is the industry that employs the most Business & financial operations occupations, both by share and by number, though the highest paid industry for Business & financial operations occupations, by average wage, is Securities, commodities, funds, trusts & other financial investments. Business & financial operations occupations are paid most in Fairfield, New Canaan, Wilton, Weston & Easton Towns PUMA, CT but are relatively concentrated in North Beach & Chinatown PUMA, CA.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

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Highest Paying

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Industries by Share

Diversity

Demographic information on Business & financial operations occupations in the US. The average age of male Business & financial operations occupations in the workforce is 43.3 and of female Business & financial operations occupations is 43.1, and the most common race/ethnicity for Business & financial operations occupations is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

Data on higher education choices for Business & financial operations occupations from The Department of Education and Census Bureau. The most common major for Business & financial operations occupations is Business but a relatively high number of Business & financial operations occupations hold a major in Personal & Culinary Services.

Majors

Skills

Data on the critical and distinctive skills necessary for Business & financial operations occupations from the Bureau of Labor Statistics. Business & financial operations occupations need many skills, but most especially Reading Comprehension, Critical Thinking, and Active Listening. The revealed comparative advantage (RCA) shows that Business & financial operations occupations need more than the average amount of Management of Financial Resources, Programming, and Mathematics.

Radar Distribution

Dataset: Source:

Bar Chart

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Growth Projections

Projections on wages and job growth for Business & financial operations occupations from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Business & financial operations occupations are expected to see a growth of 9.6% over the same period. This occupation is expected to grow faster than the national average.

Job Growth

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Major Occupation Group
Management, business, & financial occupations
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