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14-1612-BOS
August 27, 2014

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Occupational Employment and Wages In Bridgeport-Stamford-Norwalk - May 2013

Workers in the Bridgeport-Stamford-Norwalk Metropolitan Statistical Area had an average (mean) hourly wage of $29.76 in May 2013, about 33 percent above the nationwide average of $22.33, according to the U.S. Bureau of Labor Statistics. Regional Commissioner Deborah A. Brown noted that, after testing for statistical significance, wages in the local area were significantly higher than their respective national averages in 20 of the 22 major occupational groups, including computer and mathematical, legal, and business and financial operations. No group had an hourly wage significantly lower than its respective national average.

When compared to the nationwide distribution, local employment was more highly concentrated in 8 of the 22 occupational groups, including business and financial operations; education, training, and library; and personal care and service. Conversely, nine groups had employment shares significantly below their national representation, including transportation and material moving, production, and construction and extraction. (See table A and box note at end of release.)

Table A. Occupational employment and wages by major occupational group, United States and the Bridgeport-Stamford-Norwalk Metropolitan Statistical Area, and measures of statistical significance, May 2013
Major occupational group Percent of total employment Mean hourly wage
United States Bridgeport United States Bridgeport Percent difference (1)

Total, all occupations

100.0% 100.0% $22.33 $29.76* 33

Management

4.9 8.2* 53.15 71.05* 34

Business and financial operations

5.0 7.1* 34.14 45.13* 32

Computer and mathematical

2.8 3.3* 39.43 43.86* 11

Architecture and engineering

1.8 1.5* 38.51 39.48 3

Life, physical, and social science

0.9 0.7* 33.37 42.84* 28

Community and social services

1.4 1.5 21.50 24.77* 15

Legal

0.8 0.8 47.89 59.63* 25

Education, training, and library

6.3 6.8* 24.76 26.93* 9

Arts, design, entertainment, sports, and media

1.3 2.0* 26.72 31.30* 17

Healthcare practitioner and technical

5.8 5.5 35.93 42.48* 18

Healthcare support

3.0 2.7* 13.61 16.25* 19

Protective service

2.5 2.4 20.92 22.43 7

Food preparation and serving related

9.0 7.9* 10.38 12.38* 19

Building and grounds cleaning and maintenance

3.2 4.0* 12.51 15.04* 20

Personal care and service

3.0 3.8* 11.88 14.74* 24

Sales and related

10.6 11.2* 18.37 28.50* 55

Office and administrative support

16.2 16.1 16.78 20.51* 22

Farming, fishing, and forestry

0.3 0.1* 11.70 14.81* 27

Construction and extraction

3.8 2.2* 21.94 25.99* 18

Installation, maintenance, and repair

3.9 3.0* 21.35 26.10* 22

Production

6.6 4.7* 16.79 20.46* 22

Transportation and material moving

6.8 4.6* 16.28 17.59* 8

Footnotes:
(1) A positive percent difference measures how much the mean wage in Bridgeport is above the national mean wage, while a negative difference reflects a lower wage.
* The percent share of employment or mean hourly wage for this area is significantly different from the national average of all areas at the 90-percent confidence level.
 

One occupational group—business and financial operations—was chosen to illustrate the diversity of data available for any of the 22 major occupational categories. Bridgeport-Stamford-Norwalk had 30,020 jobs in business and financial operations, accounting for 7.1 percent of local area employment, significantly higher than the 5.0-percent share nationally. The average hourly wage for this occupational group locally was $45.13, measurably above the national wage of $34.14.

With employment of 6,100, accountants and auditors was the largest occupation within the business and financial operations group, followed by financial analysts (4,020) and personal financial advisors (2,960). With a mean hourly wage of $69.36, personal financial advisors were the highest paid occupation followed by management analysts ($55.93). At the lower end of the wage scale were labor relations specialists ($16.88) and fundraisers ($27.70). (Detailed occupational data for business and financial operations are presented in table 1 ; for a complete listing of detailed occupations available go to www.bls.gov/oes/current/oes_71950.htm)

Location quotients allow us to explore the occupational make-up of a metropolitan area by comparing the composition of jobs in an area relative to the national average. (See table 1 .) For example, a location quotient of 2.0 indicates that an occupation accounts for twice the share of employment in the area than it does nationally. In the Bridgeport-Stamford-Norwalk Metropolitan Statistical Area, above average concentrations of employment were found in some of the occupations within the business and financial operations group. For instance, personal financial advisors and financial analysts were both employed at 5.1 times the national rate in Bridgeport. On the other hand, training and development specialists had a location quotient of 0.9 in Bridgeport, indicating that this particular occupation’s local and national employment shares were similar.

These statistics are from the Occupational Employment Statistics (OES) survey, a federal-state cooperative program between BLS and State Workforce Agencies, in this case, the Connecticut Department of Labor.

OES wage and employment data for the 22 major occupational groups in the Bridgeport Metropolitan Statistical Area were compared to their respective national averages based on statistical significance testing. Only those occupations with wages or employment shares above or below the national wage or share after testing for significance at the 90-percent confidence level meet the criteria.

NOTE:  A value that is statistically different from another does not necessarily mean that the difference has economic or practical significance. Statistical significance is concerned with the ability to make confident statements about a universe based on a sample. It is entirely possible that a large difference between two values is not significantly different statistically, while a small difference is, since both the size and heterogeneity of the sample affect the relative error of the data being tested.


Technical Note

The Occupational Employment Statistics (OES) survey is a semiannual mail survey measuring occupational employment and wage rates for wage and salary workers in nonfarm establishments in the United States. Guam, Puerto Rico, and the Virgin Islands are also surveyed, but their data are not included in the national estimates. OES estimates are constructed from a sample of about 1.2 million establishments. Forms are mailed to approximately 200,000 sampled establishments in May and November each year for a 3-year period. May 2013 estimates are based on responses from six semiannual panels collected in May 2013, November 2012, May 2012, November 2011, May 2011, and November 2010. The overall national response rate for the six panels is 75.3 percent based on establishments and 71.6 percent based on employment. The sample in the Bridgeport-Stamford-Norwalk Metropolitan Statistical Area included 3,523 establishments with a response rate of 73 percent. For more information about OES concepts and methodology, go to www.bls.gov/news.release/ocwage.tn.htm.

The OES survey provides estimates of employment and hourly and annual wages for wage and salary workers in 22 major occupational groups and 821 detailed occupations for the nation, states, metropolitan statistical areas, metropolitan divisions, and nonmetropolitan areas. In addition, employment and wage estimates for 94 minor groups and 458 broad occupations are available in the national data. OES data by state and metropolitan/nonmetropolitan area are available from www.bls.gov/oes/current/oessrcst.htm and www.bls.gov/oes/current/oessrcma.htm, respectively.

The May 2013 OES estimates are based on the 2010 Standard Occupational Classification (SOC) system and the 2012 North American Industry Classification System (NAICS). Information about the 2010 SOC is available on the BLS website at www.bls.gov/soc and information about the 2012 NAICS is available at www.bls.gov/bls/naics.htm.

Area definitions

The substate area data published in this release reflect the standards and definitions established by the U.S. Office of Management and Budget.

The Bridgeport-Stamford-Norwalk, Conn. Metropolitan Statistical Area includes Ansonia city, Bridgeport city, Darien town, Derby city, Easton town, Fairfield town, Greenwich town, Milford city, Monroe town, New Canaan town, Newtown town, Norwalk city, Oxford town, Redding town, Ridgefield town, Seymour town, Shelton city, Southbury town, Stamford city, Stratford town, Trumbull town, Weston town, Westport town, Wilton town, and Woodbridge town.

Additional information

OES data are available on our regional web page at www.bls.gov/ro1. Answers to frequently asked questions about the OES data are available at www.bls.gov/oes/oes_ques.htm. Detailed technical information about the OES survey is available in our Survey Methods and Reliability Statement on the BLS website at www.bls.gov/oes/2013/may/methods_statement.pdf. Information in this release will be made available to sensory impaired individuals upon request – Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.

 

Table 1. Employment and wage data from the Occupational Employment Statistics survey, by occupation, Bridgeport-Stamford-Norwalk Metropolitan Statistical Area, May 2013
Occupation (1) Employment Mean wages
Level (2) Location quotient (3) Hourly Annual(4)

Business and Financial Operations Occupations

30,020 1.4 $45.13 $93,870

Agents and Business Managers of Artists, Performers, and Athletes

80 2.2 33.55 69,780

Wholesale and Retail Buyers, Except Farm Products

210 0.6 30.03 62,460

Purchasing Agents, Except Wholesale, Retail, and Farm Products

1,070 1.2 33.05 68,740

Claims Adjusters, Examiners, and Investigators

690 0.8 33.28 69,230

Compliance Officers

840 1.1 44.88 93,340

Cost Estimators

440 0.7 34.63 72,030

Human Resources Specialists

1,770 1.3 37.99 79,020

Labor Relations Specialists

140 0.6 16.88 35,100

Logisticians

390 1.0 36.80 76,540

Management Analysts

2,400 1.3 55.93 116,320

Meeting, Convention, and Event Planners

170 0.7 31.20 64,890

Fundraisers

210 1.3 27.70 57,610

Compensation, Benefits, and Job Analysis Specialists

420 1.6 32.46 67,520

Training and Development Specialists

640 0.9 38.28 79,620

Market Research Analysts and Marketing Specialists

2,700 2.0 34.92 72,640

Business Operations Specialists, All Other

1,620 0.6 36.06 75,000

Accountants and Auditors

6,100 1.7 40.23 83,680

Appraisers and Assessors of Real Estate

190 1.0 (5) (5)

Budget Analysts

(5) (5) 35.24 73,310

Credit Analysts

650 3.1 53.13 110,500

Financial Analysts

4,020 5.1 55.72 115,900

Personal Financial Advisors

2,960 5.1 69.36 144,270

Insurance Underwriters

530 1.8 47.11 97,990

Financial Examiners

120 1.2 42.04 87,440

Loan Officers

690 0.7 41.80 86,950

Tax Examiners and Collectors, and Revenue Agents

180 0.9 36.94 76,840

Tax Preparers

(5) (5) 35.86 74,580

Financial Specialists, All Other

430 0.9 32.84 68,300

Footnotes:
(1) For a complete listing of all detailed occupations in Bridgeport-Stamford-Norwalk, CT, see www.bls.gov/oes/current/oes_71950.htm.
(2) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(3) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
(4) Annual wages have been calculated by multiplying the hourly mean wage by a ‘year-round, full-time’ hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.
(5) Estimate not released.
 

 

Last Modified Date: Wednesday, August 27, 2014