Professional and Business Services

About the Professional and Business Services supersector

The professional and business services supersector is part of the service-providing industries supersector group.

The professional and business services supersector consists of these sectors:

Workforce Statistics

This section provides information relating to employment and unemployment in professional and business services. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. The following tables present an overview of the industry including the number of jobs, the unemployment rate of those previously employed in the industry, job openings and labor turnover, union membership and representation, gross job gains and losses, and projections of occupational employment change.

Employment, Unemployment, and Openings, Hires, and Separations

Data series Back
data
Jan.
2018
Feb.
2018
Mar.
2018
Apr.
2018

Employment (in thousands)

Employment, all employees (seasonally adjusted)

20,715 20,776 (p)20,815 (p)20,869

Employment, production and nonsupervisory employees (seasonally adjusted)

16,869 16,914 (p)16,949 (p)16,984

Unemployment

Unemployment rate

5.0% 4.8% 4.2% 3.5%

Job openings, hires, and separations (in thousands)

Job openings

1,018 941 (p)1,100  

Hires

1,255 1,017 (p)1,101  

Separations

1,176 926 (p)1,041  

Footnotes
(p) Preliminary

(Source: Current Employment Statistics, Current Population Survey, Job Openings and Labor Turnover Survey)

Union Membership and Representation

Data series Back
data
2014 2015 2016 2017

Union membership and representation

Members of unions (percent of wage and salary workers)

2.3% 2.5% 2.4% 2.3%

Represented by unions (percent of wage and salary workers)

2.9% 3.3% 3.3% 2.8%

(Source: Current Population Survey)

Dynamic Changes in Employment

Data series Back
data
4th quarter
2016
1st quarter
2017
2nd quarter
2017
3rd quarter
2017

Dynamic changes in employment (in thousands)

Gross job gains

1,395 1,285 1,437 1,363

Gross job losses

1,359 1,265 1,331 1,390

(Source: Business Employment Dynamics)

Projections

For projected (future) employment estimates in professional and business services, see the Employment and projected employment by major industry sector table.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours, as well as weekly earnings by union membership status, are shown. This section also contains information on recent rates of change in wages and total compensation.

Earnings and Hours of All Employees

Data series Back
data
Jan.
2018
Feb.
2018
Mar.
2018
Apr.
2018

Average hourly earnings

$32.04 $32.03 (p)$32.14 (p)$32.23

Average weekly hours

35.9 36.2 (p)36.2 (p)36.2

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Jan.
2018
Feb.
2018
Mar.
2018
Apr.
2018

Average hourly earnings

$26.37 $26.40 (p)$26.49 (p)$26.55

Average weekly hours

35.1 35.4 (p)35.3 (p)35.3

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Union Membership and Representation

Data series Back
data
Median weekly earnings
2014 2015 2016 2017

Union membership and representation

Full-time workers

$915 $951 $992 $1,037

Members of unions

$805 $874 $887 $1,005

Represented by unions

$851 $906 $935 $1,016

Nonunion

$918 $953 $995 $1,038

(Source: Current Population Survey)

Employer Compensation Costs

Data series Back
data
2nd quarter
2017
3rd quarter
2017
4th quarter
2017
1st quarter
2018

12-month percent change

Total compensation

1.8% 2.7% 3.0% 3.0%

Wages and salaries

1.5% 2.6% 2.9% 3.1%

(Source: Compensation Cost Trends)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in professional and business services. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series 2013 2014 2015 2016

Fatalities

Number of fatalities

453 448 491 561

Blank cells indicate no data reported or data that do not meet publication criteria.

Data series 2016

Rate of injury and illness cases per 100 full-time workers

Total recordable cases

1.4

Cases involving days away from work, job restriction, or transfer

0.7

Cases involving days away from work

0.5

Cases involving days of job transfer or restriction

0.2

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Workplace Trends

This section presents data on the number of establishments and the number of establishments experiencing job gains or job losses in professional and business services.

Establishments

Data series Back
data
4th quarter
2016
1st quarter
2017
2nd quarter
2017
3rd quarter
2017

Number of establishments

Private industry

1,775,568 (p)1,751,011 (p)1,774,643 (p)1,789,881

Local government

4,421 (p)4,417 (p)4,400 (p)4,408

State government

904 (p)1,015 (p)1,008 (p)1,012

Federal government

1,478 (p)1,460 (p)1,454 (p)1,463

Establishments with changes in employment (in thousands)

With job gains (seasonally adjusted)

355 357 352 345

With job losses (seasonally adjusted)

349 338 351 353

Footnotes
(p) Preliminary

(Source: Business Employment Dynamics, Quarterly Census of Employment and Wages)

 

Data extracted on: May 20, 2018