Management, business, science, & arts occupations

Major Occupation Group

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2020 Workforce

58.4M

Average Age

43.2

Average Salary

$81,575

Average Male Salary

$101,445

Average Female Salary

$64,123

About

Management, business, science, & arts occupations are most often employed by the Elementary & secondary schools industry. The average yearly wage for Management, business, science, & arts occupations was $81,575 in 2020.

The locations that employ the most Management, business, science, & arts occupations are District of Columbia (Central) PUMA, DC, Upper East Side PUMA, NY, and Lake View & Lincoln Park PUMA, IL. The locations with a relatively high concentration of Management, business, science, & arts occupations are District of Columbia (West) PUMA, DC, District of Columbia (Central) PUMA, DC, and Mountain View, Palo Alto & Los Altos Cities PUMA, CA.

Photo by reynermedia

Employment

Employment and salary information for the Management, business, science, & arts occupations workforce. Management, business, science, & arts occupations workforce in 2020 was 58,405,889 people, of which 53.2% were women and 46.8% were men. Management, business, science, & arts occupations are paid most in Cupertino, Saratoga Cities & Los Gatos Town PUMA, CA but are relatively concentrated in District of Columbia (West) PUMA, DC.

Employment Over Time

Metric

Grouping

27,311,060

Male Workforce

± 116k

31,094,829

Female Workforce

± 122k

The Management, business, science, & arts occupations workforce in 2020 was 58,405,889 people (53.2% women and 46.8% men). This implies an average annual growth of 18% between 2014 (49,516,139) and 2020 (58,405,889).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Management, business, science, & arts occupations.

During 2020, the states that concentrated the best average annual wage were District of Columbia ($108,828), New Jersey ($99,566), and Connecticut ($99,048).

Yearly Wage Ranking

$81,575

AVERAGE WAGE

#1 in the ranking (2020)

$55,954

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2020, Management, business, science, & arts occupations earned an average of $81,575, $25,621 more than the average national salary of $55,954

Management, business, science, & arts occupations are the highest paid occupation in the US followed by Military specific occupations. This chart shows the various occupations closest to Management, business, science, & arts occupations as measured by average annual salary in the US.

Wage Distribution

Gender

0.433

WAGE GINI

In 2020, Management, business, science, & arts occupations had a wage GINI coefficient of 0.433, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Management, business, science, & arts 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, science, & arts occupations compared to the entire workforce in the country.

Industry

Information on the industries that employ Management, business, science, & arts occupations and on wages for those in the field. Elementary & secondary schools is the industry that employs the most Management, business, science, & arts occupations, both by share and by number, though the highest paid industry for Management, business, science, & arts occupations, by average wage, is Internet publishing, broadcasting & web search portals ($171,801).

Occupations by Industries

Metric

Value

58.4M

2020 Workforce

± 146,060

2.8%

1 YEAR GROWTH

± 0.348%

This graphic shows the share of Management, business, science, & arts occupations employed by various industries. Elementary & secondary schools employs the largest share of Management, business, science, & arts occupations at 46.7%, followed by General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals with 32.5% and Colleges, universities & professional schools, including junior colleges with 20.8%.

Diversity

Demographic information on Management, business, science, & arts occupations in the US. The workforce of Management, business, science, & arts occupations in 2020 was 58,405,889 people, with 53.2% woman, and 46.8% men. The average age of male Management, business, science, & arts occupations in the workforce is 43.9 and of female Management, business, science, & arts occupations is 42.6, and the most common race/ethnicity for Management, business, science, & arts occupations is White.

Gender and Age

Metric

The workforce of Management, business, science, & arts occupations in 2020 was 58,405,889 people, with 53.2% woman, and 46.8% men.

The age ranges that concentrated the largest workforce were 30 to 34 years (7,364,098 people), 35 to 39 years (7,226,448 people), and 25 to 29 years (6,831,296 people). Among them they concentrated 36.7% of the total workforce.

Ethnicity

Gender

In 2020, 10.4% of Management, business, science, & arts occupations workers were Hispanic and 89.6% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (74.9%), Puerto Rican (16.5)%, and Cuban (8.56)%

You can review this information by gender using the selectors above.

Races

In 2020, 75.4% of the Management, business, science, & arts occupations workforce were White, of which 52.6% were women and 47.4% men. Other races that concentrated a significant number of workers were Black (9.34%) and Asian (8.49%).

Education & Skills

Data on higher education choices for Management, business, science, & arts occupations from The Department of Education and Census Bureau. The most common major for Management, business, science, & arts occupations is Business but the most specialized major according to RCA in 2020 were Health.

Among the necessary skills for Management, business, science, & arts occupations, Reading Comprehension stands, but the revealed comparative advantage (RCA) shows that Management, business, science, & arts occupations need more than the average amount of Science.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Management, business, science, & arts occupations in 2020 (counting all academic degrees) were Business (7,265,842 people), Education (4,102,330 people), and Health (3,673,110 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Management, business, science, & arts occupations workers were Bachelors Degree (21,629,926 people), Graduate Degree (17,058,040 people), and Some college (8,381,662 people).

The graphic shows the Management, business, science, & arts occupations workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Management, business, science, & arts occupations from the Bureau of Labor Statistics. Management, business, science, & arts occupations need many skills, but most especially Reading Comprehension, Active Listening, Critical Thinking.