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