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 http://www.bls.gov/opub/ted/1998/dec/wk5/art02.htm (visited October 01, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.