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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020

13-0000 Business and Financial Operations Occupations (Major Group)

Business and Financial Operations Occupations comprises the following occupations: Agents and Business Managers of Artists, Performers, and Athletes; Buyers and Purchasing Agents; Claims Adjusters, Examiners, and Investigators; Insurance Appraisers, Auto Damage; Compliance Officers; Cost Estimators; Human Resources Specialists; Farm Labor Contractors; Labor Relations Specialists; Logisticians; Management Analysts; Meeting, Convention, and Event Planners; Fundraisers; Compensation, Benefits, and Job Analysis Specialists; Training and Development Specialists; Market Research Analysts and Marketing Specialists; Project Management Specialists and Business Operations Specialists, All Other; Accountants and Auditors; Property Appraisers and Assessors; Budget Analysts; Credit Analysts; Personal Financial Advisors; Insurance Underwriters; Financial Examiners; Credit Counselors; Loan Officers; Tax Examiners and Collectors, and Revenue Agents; Tax Preparers; Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other


National estimates for Business and Financial Operations Occupations
Industry profile for Business and Financial Operations Occupations
Geographic profile for Business and Financial Operations Occupations

National estimates for Business and Financial Operations Occupations:

Employment estimate and mean wage estimates for Business and Financial Operations Occupations:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
8,387,490 0.2 % $ 38.79 $ 80,680 0.2 %

Percentile wage estimates for Business and Financial Operations Occupations:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 19.38 $ 25.74 $ 34.73 $ 47.31 $ 62.68
Annual Wage (2) $ 40,310 $ 53,550 $ 72,250 $ 98,390 $ 130,380


Industry profile for Business and Financial Operations Occupations:

Industries with the highest published employment and wages for Business and Financial Operations Occupations are provided. For a list of all industries with employment in Business and Financial Operations Occupations, see the Create Customized Tables function.

Industries with the highest levels of employment in Business and Financial Operations Occupations:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 563,420 23.26 $ 40.34 $ 83,910
Federal Executive Branch (OEWS Designation) 545,520 26.22 $ 43.58 $ 90,640
Management, Scientific, and Technical Consulting Services 482,240 31.69 $ 43.07 $ 89,590
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 478,200 48.77 $ 39.93 $ 83,060
Credit Intermediation and Related Activities (5221 and 5223 only) 461,660 22.75 $ 39.45 $ 82,060

Industries with the highest concentration of employment in Business and Financial Operations Occupations:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 14,620 50.57 $ 47.47 $ 98,750
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 478,200 48.77 $ 39.93 $ 83,060
Insurance and Employee Benefit Funds 3,100 44.65 $ 40.47 $ 84,170
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 359,480 38.14 $ 57.67 $ 119,950
Other Investment Pools and Funds 3,950 36.68 $ 52.26 $ 108,700

Top paying industries for Business and Financial Operations Occupations:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 359,480 38.14 $ 57.67 $ 119,950
Other Investment Pools and Funds 3,950 36.68 $ 52.26 $ 108,700
Computer and Peripheral Equipment Manufacturing 23,870 14.87 $ 51.28 $ 106,670
Monetary Authorities-Central Bank 6,670 34.08 $ 50.82 $ 105,710
Software Publishers 67,230 13.77 $ 47.83 $ 99,490


Geographic profile for Business and Financial Operations Occupations:

States and areas with the highest published employment, location quotients, and wages for Business and Financial Operations Occupations are provided. For a list of all areas with employment in Business and Financial Operations Occupations, see the Create Customized Tables function.





States with the highest employment level in Business and Financial Operations Occupations:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 1,064,160 64.77 1.07 $ 42.09 $ 87,550
Texas 665,420 54.98 0.91 $ 38.24 $ 79,530
New York 613,850 70.63 1.17 $ 47.58 $ 98,960
Florida 524,160 62.09 1.03 $ 34.17 $ 71,080
Illinois 345,970 61.48 1.02 $ 38.65 $ 80,390




States with the highest concentration of jobs and location quotients in Business and Financial Operations Occupations:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 110,660 161.04 2.67 $ 49.66 $ 103,290
Colorado 210,600 81.69 1.35 $ 40.16 $ 83,530
Virginia 294,910 79.68 1.32 $ 42.54 $ 88,480
Washington 237,920 74.46 1.23 $ 41.63 $ 86,600
Delaware 30,980 72.66 1.20 $ 39.29 $ 81,730




Top paying states for Business and Financial Operations Occupations:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 110,660 161.04 2.67 $ 49.66 $ 103,290
New York 613,850 70.63 1.17 $ 47.58 $ 98,960
New Jersey 249,120 65.86 1.09 $ 44.39 $ 92,330
Massachusetts 227,230 67.83 1.12 $ 43.98 $ 91,480
Virginia 294,910 79.68 1.32 $ 42.54 $ 88,480





Metropolitan areas with the highest employment level in Business and Financial Operations Occupations:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 663,710 75.13 1.25 $ 49.45 $ 102,850
Los Angeles-Long Beach-Anaheim, CA 389,820 66.95 1.11 $ 40.94 $ 85,160
Washington-Arlington-Alexandria, DC-VA-MD-WV 335,360 110.97 1.84 $ 47.34 $ 98,460
Chicago-Naperville-Elgin, IL-IN-WI 285,970 65.56 1.09 $ 39.53 $ 82,220
Dallas-Fort Worth-Arlington, TX 241,660 67.34 1.12 $ 40.11 $ 83,420
Atlanta-Sandy Springs-Roswell, GA 199,540 75.79 1.26 $ 38.19 $ 79,440
Boston-Cambridge-Nashua, MA-NH 198,930 76.46 1.27 $ 44.96 $ 93,520
San Francisco-Oakland-Hayward, CA 191,940 82.35 1.37 $ 48.53 $ 100,950
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 182,550 67.69 1.12 $ 41.00 $ 85,280
Seattle-Tacoma-Bellevue, WA 174,210 89.07 1.48 $ 44.02 $ 91,570




Metropolitan areas with the highest concentration of jobs and location quotients in Business and Financial Operations Occupations:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California-Lexington Park, MD 6,920 153.12 2.54 $ 50.81 $ 105,680
Washington-Arlington-Alexandria, DC-VA-MD-WV 335,360 110.97 1.84 $ 47.34 $ 98,460
Tallahassee, FL 18,280 107.72 1.79 $ 27.91 $ 58,050
Trenton, NJ 24,630 106.84 1.77 $ 42.40 $ 88,200
Warner Robins, GA 7,410 101.94 1.69 $ 37.89 $ 78,810
Boulder, CO 17,690 97.51 1.62 $ 42.29 $ 87,950
Denver-Aurora-Lakewood, CO 139,870 95.97 1.59 $ 41.51 $ 86,350
Des Moines-West Des Moines, IA 32,980 93.03 1.54 $ 36.13 $ 75,160
Seattle-Tacoma-Bellevue, WA 174,210 89.07 1.48 $ 44.02 $ 91,570
Springfield, IL 8,680 88.16 1.46 $ 36.18 $ 75,250