Loading Management, business, & financial occupations…
Loading Management, business, & financial occupations…
Management, business, & financial occupations are most often employed by the Construction industry. The average yearly wage for Management, business, & financial occupations was $113,842 in 2024.
The locations that employ the most Management, business, & financial occupations are NYC-Manhattan Community Districts 5 & 6--Midtown, East Midtown, & Flatiron PUMA, NY, Chicago City (Central)--Near North Side, Loop & Near South Side PUMA, IL, and Chicago City (North)--Lake View & Lincoln Park PUMA, IL. The locations with a relatively high concentration of Management, business, & financial occupations are NYC-Manhattan Community District 4--Chelsea & Hell's Kitchen PUMA, NY, NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY, and NYC-Manhattan Community Districts 5 & 6--Midtown, East Midtown, & Flatiron PUMA, NY.
Employment and salary information for the Management, business, & financial occupations workforce. Management, business, & financial occupations workforce in 2024 was 27,048,654 people, of which 47.4% were women and 52.6% were men.
Management, business, & financial occupations are paid most in Western Central PUMA, CT but are relatively concentrated in NYC-Manhattan Community District 4--Chelsea & Hell's Kitchen PUMA, NY.
The Management, business, & financial occupations workforce in 2024 was 27,048,654 people (47.4% women and 52.6% men). This implies an average annual growth of 37.7% between 2014 (19,649,963) and 2024 (27,048,654).
This map shows the states in the United States shaded by average wage for Management, business, & financial occupations.
During 2024, the states that concentrated the best average annual wage were Connecticut ($146,928), District of Columbia ($145,434), and New Jersey ($141,766).
In 2024, Management, business, & financial occupations earned an average of $113,842, $43,964 more than the average national salary of $69,878
Management, business, & financial occupations are the highest paid occupation in the US followed by Computer, engineering, & science occupations. This chart shows the various occupations closest to Management, business, & financial occupations as measured by average annual salary in the US.
In 2024, Management, business, & financial occupations had a wage GINI coefficient of 0.414, which is lower than the national average of 0.474. In other words, wages are distributed more evenly for Management, business, & financial occupations (shown in red) than for the overall labor force (shown in gray).
The graphic shows the distribution of average salaries by buckets for Management, business, & financial occupations compared to the entire workforce in the country.
Information on the industries that employ Management, business, & financial occupations and on wages for those in the field. Construction is the industry that employs the most Management, business, & financial occupations, both by share and by number, though the highest paid industry for Management, business, & financial occupations, by average wage, is Internet publishing, broadcasting & web search portals ($250,606).
This graphic shows the share of Management, business, & financial occupations employed by various industries. Construction employs the largest share of Management, business, & financial occupations at 35.4%, followed by Restaurants & Food Services with 22.1% and Computer Systems Design with 21.3%.
Demographic information on Management, business, & financial occupations in the US. The workforce of Management, business, & financial occupations in 2024 was 27,048,654 people, with 47.4% woman, and 52.6% men. The average age of male Management, business, & financial occupations in the workforce is 45.4 and of female Management, business, & financial occupations is 43.7, and the most common race/ethnicity for Management, business, & financial occupations is White.
The workforce of Management, business, & financial occupations in 2024 was 27,048,654 people, with 47.4% woman, and 52.6% men.
The age ranges that concentrated the largest workforce were 35 to 39 years (3,486,650 people), 40 to 44 years (3,477,960 people), and 50 to 54 years (3,245,665 people). Among them they concentrated 37.8% of the total workforce.
In 2024, 12.9% of Management, business, & financial occupations workers were Hispanic and 87.1% non-Hispanic.
The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (49.6%), Puerto Rican (13.8)%, and Cuban (5.55)%
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In 2024, 69.4% of the Management, business, & financial occupations workforce were White, of which 45.5% were women and 54.5% men. Other races that concentrated a significant number of workers were Two or More Races (9.73%) and Black (9.01%).
Data on higher education choices for Management, business, & financial occupations from The Department of Education and Census Bureau. The most common major for Management, business, & financial occupations is Business but the most specialized major according to RCA in 2024 were Construction.
Among the necessary skills for Management, business, & financial occupations, Reading Comprehension stands, but the revealed comparative advantage (RCA) shows that Management, business, & financial occupations need more than the average amount of Management of Financial Resources.
The most common majors achieved by Management, business, & financial occupations in 2024 (counting all academic degrees) were Business (6,059,853 people), Social Sciences (1,459,993 people), and Engineering (1,343,478 people).
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The main educational levels achieved by the Management, business, & financial occupations workers were Bachelors Degree (10,841,068 people), Graduate Degree (6,134,931 people), and Some college (4,277,002 people).
The graphic shows the Management, business, & financial occupations workforce by gender and educational level.
Data on the critical and distinctive skills necessary for Management, business, & financial occupations from the Bureau of Labor Statistics. Management, business, & financial occupations need many skills, but most especially Reading Comprehension, Active Listening, Critical Thinking.