Friday, August 18, 2023
Workers in the Albany-Schenectady-Troy, NY Metropolitan Statistical Area had an average (mean) hourly wage of $31.10 in May 2022, 5 percent above the nationwide average of $29.76, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner William J. Sibley noted that, after testing for statistical significance, wages in the local area were higher than their respective national averages in 12 of the 22 major occupational groups for which hourly wage data were available, including educational instruction and library, protective service, and production. Five groups had significantly lower wages than their respective national averages, including computer and mathematical; legal; and arts, design, entertainment, sports, and media.
When compared to the nationwide distribution, Albany area employment was more highly concentrated in 9 of the 22 occupational groups for which employment data were available, including office and administrative support, educational instruction and library, and business and financial operations. Nine groups had employment shares significantly below their national representation, including production, transportation and material moving, and food preparation and serving related. (See table A.)
|Major occupational group||Percent of total employment||Mean hourly wage ($)|
|United States||Albany||United States||Albany||Percent difference (1)|
Total, all occupations
Business and financial operations
Computer and mathematical
Architecture and engineering
Life, physical, and social science
Community and social service
Educational instruction and library
Arts, design, entertainment, sports, and media
Healthcare practitioners and technical
Food preparation and serving related
Building and grounds cleaning and maintenance
Personal care and service
Sales and related
Office and administrative support
Farming, fishing, and forestry
Construction and extraction
Installation, maintenance, and repair
Transportation and material moving
One occupational group—educational instruction and library—was chosen to illustrate the diversity of data available for any of the 22 major occupational categories. Albany had 30,600 jobs in educational instruction and library, accounting for 7.1 percent of local area employment, significantly higher than the 5.7-percent share nationally. The average annual wage of $70,590 for this occupational group locally was significantly above the national wage of $63,240.
Some of the larger detailed occupations within the educational instruction and library group included teaching assistants, except postsecondary (5,180); elementary school teachers, except special education (3,860); and secondary school teachers, except special and career/technical education (3,240). Among the higher-paying jobs in this group were postsecondary economics teachers and biological science teachers, with mean annual wages of $104,730 and $101,040, respectively. At the lower end of the wage scale were teaching assistants, except postsecondary ($34,310), and preschool teachers, except special education ($37,730). (Detailed data for the educational instruction and library occupations are presented in table 1; for a complete listing of detailed occupations available go to www.bls.gov/oes/current/oes_10580.htm.)
Location quotients allow us to explore the occupational make-up of a metropolitan area by comparing the composition of jobs in an area relative to the national average. (See table 1.) For example, a location quotient of 2.0 indicates that an occupation accounts for twice the share of employment in the area than it does nationally. In the Albany area, above-average concentrations of employment were found in many of the occupations within the educational instruction and library group. For instance, postsecondary chemistry teachers were employed at 3.6 times the national rate in Albany, and postsecondary environmental science teachers, at 3.5 times the U.S. average. Tutors had a location quotient of 1.0 in Albany, indicating that this particular occupation’s local and national employment shares were similar.
These statistics are from the Occupational Employment and Wage Statistics (OEWS) survey, a federal-state cooperative program between BLS and State Workforce Agencies, in this case, the New York State Department of Labor.
The May 2022 OEWS estimates use the model-based (MB3) estimation method implemented with the May 2021 estimates release. Additional updates were made to the MB3 wage processing methodology for May 2022. For more information, see the May 2022 Survey Methods and Reliability Statement.
The May 2022 estimates are the first OEWS estimates to be produced using the 2022 NAICS, which replaces the 2017 NAICS used for the May 2017-May 2021 estimates. See North American Industry Classification System (NAICS) at BLS for details.
The Occupational Employment and Wage Statistics (OEWS) survey is a semiannual survey measuring occupational employment and wage rates for wage and salary workers in nonfarm establishments in the United States. The OEWS data available from BLS include cross-industry occupational employment and wage estimates for the nation; over 580 areas, including states and the District of Columbia, metropolitan statistical areas (MSAs), nonmetropolitan areas, and territories; national industry-specific estimates at the NAICS sector, 3-digit, most 4-digit, and selected 5- and 6-digit industry levels, and national estimates by ownership across all industries and for schools and hospitals. OEWS data are available at www.bls.gov/oes/tables.htm.
The OEWS survey is a cooperative effort between BLS and the State Workforce Agencies (SWAs). BLS funds the survey and provides the procedures and technical support, while the State Workforce Agencies collect most of the data. OEWS estimates are constructed from a sample of about 1.1 million establishments. Each year, two semiannual panels of approximately 179,000 to 187,000 sampled establishments are contacted, one panel in May and the other in November. Responses are obtained by Internet or other electronic means, mail, email, telephone, or personal visit. The May 2022 estimates are based on responses from six semiannual panels collected over a 3-year period: May 2022, November 2021, May 2021, November 2020, May 2020, and November 2019. The unweighted sampled employment of 80 million across all six semiannual panels represents approximately 57 percent of total national employment. The overall national response rate for the six panels, based on the 50 states and the District of Columbia, is 65.4 percent based on establishments and 62.5 percent based on weighted sampled employment. The sample in the Albany-Schenectady-Troy, NY Metropolitan Statistical Area included 3,064 establishments with a response rate of 76 percent. For more information about OEWS concepts and methodology, go to www.bls.gov/oes/current/oes_tec.htm.
A value that is statistically different from another does not necessarily mean that the difference has economic or practical significance. Statistical significance is concerned with the ability to make confident statements about a universe based on a sample. It is entirely possible that a large difference between two values is not significantly different statistically, while a small difference is, since both the size and heterogeneity of the sample affect the relative error of the data being tested.
Metropolitan area definitions
The substate area data published in this release reflect the standards and definitions established by the U.S. Office of Management and Budget.
The Albany-Schenectady-Troy, NY Metropolitan Statistical Area includes Albany County, Rensselaer County, Saratoga County, Schenectady County, and Schoharie County.
For more information
Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.
|Occupation (1)||Employment||Mean wages ($)|
|Level (2)||Location quotient (3)||Hourly||Annual (4)|
Educational instruction and library occupations
Business teachers, postsecondary
Computer science teachers, postsecondary
Mathematical science teachers, postsecondary
Biological science teachers, postsecondary
Chemistry teachers, postsecondary
Environmental science teachers, postsecondary
Physics teachers, postsecondary
Area, ethnic, and cultural studies teachers, postsecondary
Economics teachers, postsecondary
Political science teachers, postsecondary
Psychology teachers, postsecondary
Sociology teachers, postsecondary
Nursing instructors and teachers, postsecondary
Education teachers, postsecondary
Social work teachers, postsecondary
Art, drama, and music teachers, postsecondary
English language and literature teachers, postsecondary
History teachers, postsecondary
Philosophy and religion teachers, postsecondary
Career/technical education teachers, postsecondary
Postsecondary teachers, all other
Preschool teachers, except special education
Kindergarten teachers, except special education
Elementary school teachers, except special education
Middle school teachers, except special and career/technical education
Career/technical education teachers, middle school
Secondary school teachers, except special and career/technical education
Career/technical education teachers, secondary school
Special education teachers, preschool
Special education teachers, kindergarten and elementary school
Special education teachers, middle school
Special education teachers, secondary school
Special education teachers, all other
Adult basic education, adult secondary education, and english as a second language instructors
Substitute teachers, short-term
Teachers and instructors, all other
Museum technicians and conservators
Librarians and media collections specialists
Teaching assistants, postsecondary
Teaching assistants, except postsecondary
Educational instruction and library workers, all other
Last Modified Date: Friday, August 18, 2023