Professional and managerial occupations have higher wages
December 29, 1998
In 1997, about 80 percent of persons working in managerial occupations had wage rates above $15.75 per hour. Similarly, more than 75 percent of workers in professional occupations made more than $15.75 per hour. In comparison, only 37 percent of all workers earned more than $15.75 per hour.
About half of workers in sales occupations made above $15.75 per hour; however, more than 27 percent of sales workers earned less than $10.00 per hour.
Among managerial occupations, engineering, mathematical, and natural sciences managers had the highest wages at $32.99 per hour. For professional occupations, the $48.52 hourly wage rate for physicians was the highest. In sales occupations, sales agents in securities, commodities, and financial services reported the highest wages at $28.34 per hour.
Data on occupational employment and wages are produced by the BLS Occupational Employment Statistics program. For additional information, see News Release USDL 98-502, "Occupational Employment and Wages, 1997."
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Professional and managerial occupations have higher wages on the Internet at http://www.bls.gov/opub/ted/1998/dec/wk5/art02.htm (visited February 01, 2015).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.