Highest paid occupations, November 2004
November 10, 2005
The management and legal occupational groups were the two highest paying of the 22 major occupational groups in November 2004.
In both of these occupational groups, more than 30 percent of workers earned $43.75 or more per hour. Among management occupations, 36.4 percent of employees earned $43.75 or more per hour. In legal occupations, the corresponding number was 32.3 percent. In contrast, only about 1 percent of employees in either of these occupational groups earned less than $8.50 per hour.
As a group, 11.8 percent of employees in healthcare practitioner and technical occupations earned at least $43.75 per hour. Yet certain healthcare practitioner and technical occupations, such as specialist physicians and dentists, accounted for 12 out of the 14 highest-paying detailed occupations in November 2004.
These data are from the Occupational Employment Statistics program. To learn more about occupational earnings and employment, see Occupational Employment and Wages, November 2004 (PDF) (TXT), news release 05-2145. An employee with hourly earnings of $43.75 would have annual earnings of $91,000, assuming he or she is paid for a "year-round full-time" schedule of 2,080 hours.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Highest paid occupations, November 2004 on the Internet at https://www.bls.gov/opub/ted/2005/nov/wk1/art04.htm (visited August 09, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.