Professional and managerial occupations have higher wages
December 29, 1998
In 1997, about 80 percent of persons working in managerial occupations had wage rates above $15.75 per hour. Similarly, more than 75 percent of workers in professional occupations made more than $15.75 per hour. In comparison, only 37 percent of all workers earned more than $15.75 per hour.
About half of workers in sales occupations made above $15.75 per hour; however, more than 27 percent of sales workers earned less than $10.00 per hour.
Among managerial occupations, engineering, mathematical, and natural sciences managers had the highest wages at $32.99 per hour. For professional occupations, the $48.52 hourly wage rate for physicians was the highest. In sales occupations, sales agents in securities, commodities, and financial services reported the highest wages at $28.34 per hour.
Data on occupational employment and wages are produced by the BLS Occupational Employment Statistics program. For additional information, see News Release USDL 98-502, "Occupational Employment and Wages, 1997."
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Professional and managerial occupations have higher wages on the Internet at https://www.bls.gov/opub/ted/1998/dec/wk5/art02.htm (visited April 29, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.