Management, business, science, & arts occupations

Major Occupation Group

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2022 Workforce
62.4M
Average Age
43.2
Average Salary
$93,425
Average Male Salary
$115,386
Average Female Salary
$73,768

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 $93,425 in 2022.

The locations that employ the most Management, business, science, & arts occupations are NYC-Manhattan Community District 8--Upper East Side & Roosevelt Island 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, science, & arts occupations are District of Columbia (West) PUMA, DC, Middlesex County (East)--Cambridge PUMA, MA, and District of Columbia (Central) PUMA, DC.

Employment

Employment and salary information for the Management, business, science, & arts occupations workforce. Management, business, science, & arts occupations workforce in 2022 was 62,380,110 people, of which 52.8% were women and 47.2% were men. Management, business, science, & arts occupations are paid most in Santa Clara County (Southwest)--Cupertino, Saratoga Cities & Los Gatos Town PUMA, CA but are relatively concentrated in District of Columbia (West) PUMA, DC.

Employment Over Time

Metric
Grouping
29,463,400
Male Workforce
± 120k
32,916,710
Female Workforce
± 125k

The Management, business, science, & arts occupations workforce in 2022 was 62,380,110 people (52.8% women and 47.2% men). This implies an average annual growth of 25.2% between 2014 (49,828,164) and 2022 (62,380,110).

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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 2022, the states that concentrated the best average annual wage were District of Columbia ($128,550), New Jersey ($113,025), and California ($112,295).

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Yearly Wage Ranking

$93,425
AVERAGE WAGE
#1 in the ranking (2022)
$64,683
NATIONAL AVERAGE WAGE
For all occupations across the US

In 2022, Management, business, science, & arts occupations earned an average of $93,425, $28,742 more than the average national salary of $64,683

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.

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Wage Distribution

Gender
0.433
WAGE GINI

In 2022, 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.

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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 ($210,367).

Occupations by Industries

Metric
Value
62.4M
2022 Workforce
± 148,936
2.74%
1 YEAR GROWTH
± 0.332%

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 46.8%, followed by General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals with 32.1% and Colleges, universities & professional schools, including junior colleges with 21.1%.

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Diversity

Demographic information on Management, business, science, & arts occupations in the US. The workforce of Management, business, science, & arts occupations in 2022 was 62,380,110 people, with 52.8% woman, and 47.2% 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 2022 was 62,380,110 people, with 52.8% woman, and 47.2% men.

The age ranges that concentrated the largest workforce were 30 to 34 years (7,925,034 people), 35 to 39 years (7,889,155  people), and 40 to 44 years (7,407,434 people). Among them they concentrated 37.2% of the total workforce.

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Ethnicity

Gender

In 2022, 11.7% of Management, business, science, & arts occupations workers were Hispanic and 88.3% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (70.5%), Puerto Rican (21.4)%, and Cuban (8.08)%

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Races

In 2022, 71.4% of the Management, business, science, & arts occupations workforce were White, of which 52% were women and 48% men. Other races that concentrated a significant number of workers were Black (9.38%) and Asian (8.73%).

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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 2022 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 Management of Financial Resources.

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 2022 (counting all academic degrees) were Business (7,913,533 people), Education (4,176,150 people), and Engineering (3,994,292 people).

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Education Levels

Metric

The main educational levels achieved by the Management, business, science, & arts occupations workers were Bachelors Degree (23,390,534 people), Graduate Degree (18,521,742 people), and Some college (8,541,754 people).

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

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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, Speaking, Critical Thinking.

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