Professional and Business Services

About the Professional and Business Services supersector

The professional and business services supersector is part of the service-providing industries supersector group.

The professional and business services supersector consists of these sectors:

Workforce Statistics

This section provides information relating to employment and unemployment in professional and business services. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. The following tables present an overview of the industry including the number of jobs, the unemployment rate of those previously employed in the industry, job openings and labor turnover, union membership and representation, gross job gains and losses, and projections of occupational employment change.

Employment, Unemployment, and Openings, Hires, and Separations

Data series Back
data
May
2015
Jun.
2015
Jul.
2015
Aug.
2015

Employment (in thousands)

 

Employment, all employees (seasonally adjusted)

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19,681 19,749 (P) 19,788 (P) 19,821

Employment, production and nonsupervisory employees (seasonally adjusted)

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16,191 16,226 (P) 16,243 (P) 16,254

Unemployment

 

Unemployment rate

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6.1% 5.2% 5.4% 5.4%

Job openings, hires, and separations (in thousands)

 

Job openings

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1,097 (P) 1,150    

Hires

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1,113 (P) 1,110    

Separations

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958 (P) 945    

Footnotes
(P) Preliminary

(Source: Current Employment Statistics, Current Population Survey, Job Openings and Labor Turnover Survey)

Union Membership and Representation

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data
2011 2012 2013 2014

Union membership and representation

 

Members of unions (percent of wage and salary workers)

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2.1% 2.4% 2.4% 2.3%

Represented by unions (percent of wage and salary workers)

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2.6% 3.0% 2.9% 2.9%

(Source: Current Population Survey)

Dynamic Changes in Employment

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data
1st quarter
2014
2nd quarter
2014
3rd quarter
2014
4th quarter
2014

Dynamic changes in employment (in thousands)

 

Gross job gains

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1,258 1,438 1,378 1,554

Gross job losses

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1,263 1,236 1,247 1,269

(Source: Business Employment Dynamics)

Projections

For projected (future) employment estimates in professional and business services, see the Employment and projected employment by major industry sector table.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours, as well as weekly earnings by union membership status, are shown. This section also contains information on recent rates of change in wages and total compensation.

Earnings and Hours of All Employees

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data
May
2015
Jun.
2015
Jul.
2015
Aug.
2015

Average hourly earnings

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$29.99 $30.00 (P) $30.08 (P) $30.17

Average weekly hours

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36.2 36.1 (P) 36.1 (P) 36.2

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

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data
May
2015
Jun.
2015
Jul.
2015
Aug.
2015

Average hourly earnings

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$24.70 $24.70 (P) $24.76 (P) $24.81

Average weekly hours

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35.3 35.4 (P) 35.4 (P) 35.5

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Union Membership and Representation

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data
Median weekly earnings
2011 2012 2013 2014

Union membership and representation

 

Full-time workers

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$880 $910 $907 $915

Members of unions

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$872 $826 $889 $805

Represented by unions

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$883 $843 $896 $851

Nonunion

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$880 $912 $907 $918

(Source: Current Population Survey)

Employer Compensation Costs

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data
3rd quarter
2014
4th quarter
2014
1st quarter
2015
2nd quarter
2015

12-month percent change

 

Total compensation

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2.4% 2.5% 3.6% 1.5%

Wages and salaries

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2.4% 2.4% 4.0% 1.6%

(Source: Compensation Cost Trends)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in professional and business services. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series 2010 2011 2012 2013

Fatalities

 

Number of fatalities

382 454 418 453

Rate of injury and illness cases per 100 full-time workers

 

Total recordable cases

1.7 1.7 1.6 1.6

Cases involving days away from work, job restriction, or transfer

0.9 0.8 0.8 0.8

Cases involving days away from work

0.6 0.5 0.5 0.5

Cases involving days of job transfer or restriction

0.3 0.3 0.3 0.3

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Workplace Trends

This section presents data on the number of establishments and the number of establishments experiencing job gains or job losses in professional and business services.

Establishments

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1st quarter
2014
2nd quarter
2014
3rd quarter
2014
4th quarter
2014

Number of establishments

 

Private industry

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(P) 1,649,419 (P) 1,667,166 (P) 1,681,004 (P) 1,702,846

Local government

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(P) 4,258 (P) 4,278 (P) 4,284 (P) 4,287

State government

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(P) 939 (P) 940 (P) 944 (P) 943

Federal government

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(P) 1,526 (P) 1,528 (P) 1,502 (P) 1,504

Establishments with changes in employment (in thousands)

 

With job gains (seasonally adjusted)

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333 339 338 348

With job losses (seasonally adjusted)

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325 324 319 328

Footnotes
(P) Preliminary

(Source: Business Employment Dynamics, Quarterly Census of Employment and Wages)

 

Data extracted on: September 04, 2015