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 http://www.bls.gov/opub/ted/2005/nov/wk1/art04.htm (visited July 02, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.