1996-98 growth fastest among jobs with highest earnings

April 09, 1999

Total employment increased by about 6 percent from January 1996 to December 1998. The growth rate for jobs in occupation-industry groups with the highest earnings was over 10 percent. This was roughly twice the increase recorded for jobs in the middle earnings group and three times that for jobs in the lowest earnings group.

Employment growth by earnings group, January 1996 to December 1998, seasonally adjusted
[Chart data—TXT]

Employment in the highest earnings group, primarily made up of managers and professionals in a broad range of industries, grew at about the same rate in 1997 and 1998. Executive, administrative, and managerial occupations in construction and in transportation and public utilities showed the largest employment increases.

The rate of employment growth in the middle earnings group was comparable to that of the highest earnings group during 1997, but began to subside by the summer of 1998. The decline in employment of operators, fabricators, and laborers in manufacturing industries was instrumental in dampening the group’s growth.

Job growth in the lowest earnings group also slowed in 1998, most notably in clerical occupations in the services industry and sales occupations in retail trade.

These data are a product of the Current Population Survey. The earnings categories were defined by ranking the 90 major industry by major occupation groups by earnings and dividing them into three groups, each accounting for roughly one-third of total employment in 1996. Obtain more information from, "Job growth slows during crises overseas," Monthly Labor Review, February 1999.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 1996-98 growth fastest among jobs with highest earnings on the Internet at http://www.bls.gov/opub/ted/1999/apr/wk1/art05.htm (visited September 27, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.