High tech, high pay
July 21, 1999
Is it true that high-tech jobs are high-paying jobs? A new study from BLS says the answer is generally "Yes."
In each of the 29 industries identified as high-tech in the study, the median annual wage in 1997 exceeded the $22,734 median for all nonfarm industries. Wages were far above the overall median in some high-tech industries. The median for computer and data processing services was $40,602, or about $344 more per week over the 52 weeks of the year.
In other high-tech industries, annual wages were only somewhat above the median for all industries. For example, in the electrical industrial apparatus manufacturing industry, the median annual wage was $23,941, about $23 per week more than the overall median.
The 1997 wage data are from the BLS Occupational Employment Statistics Survey. Find more information on high-tech employment and wages in "High-technology employment: a broader view," by Daniel Hecker, Monthly Labor Review, June 1999.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, High tech, high pay on the Internet at http://www.bls.gov/opub/ted/1999/jul/wk3/art03.htm (visited September 16, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »