Research
Wholesale Trade Employment and Wages in 2023
In 2023, the Wholesale Trade industry employed over 6 million people in the United States, reflecting an increase of 2.9% from 2022. The annual mean wage in 2023 was $71,410, and the median wage was $53,320. Compared to the national average, the wages in this industry group were higher by 9.1%.
Transportation and Warehousing Employment and Wages in 2023
In 2023, the Transportation and Warehousing industry employed over 7.3 million people in the United States, reflecting an increase of 1.6% from 2022. The annual mean wage in 2023 was $59,320, and the median wage was $49,180. Compared to the national average, the wages in this industry group were lower by 9.4%.
Construction Employment and Wages in 2023
In 2023, the Construction industry employed over 7.9 million people in the United States, reflecting an increase of 3.1% from 2022. The annual mean wage in 2023 was $67,430, and the median wage was $58,500. Compared to the national average, the wages in this industry group were higher by 3%.
Administrative and Support and Waste Management and Remediation Employment and Wages in 2023
In 2023, the Administrative and Support and Waste Management and Remediation Services industry employed over 9.5 million people in the United States, reflecting a decrease of 0.5% from 2022. The annual mean wage in 2023 was $52,650, and the median wage was $39,100. Compared to the national average, the wages in this industry group were lower by 19.6%.
Federal, State, and Local Government Employment and Wages in 2023
In 2023, the Federal, State, and Local Government industry employed over 9.8 million people in the United States, reflecting an increase of 2% from 2022. The annual mean wage in 2023 was $74,410, and the median wage was $64,080. Compared to the national average, the wages in this industry group were higher by 13.7%.
Professional, Scientific, and Technical Services Employment and Wages in 2023
In 2023, the Professional, Scientific, and Technical Services industry employed over 10.7 million people in the United States, reflecting an increase of 3.6% from 2022. The annual mean wage in 2023 was $102,670, and the median wage was $80,850. Compared to the national average, the wages in this industry group were higher by 56.8%.
Manufacturing Employment and Wages in 2023
In 2023, the Manufacturing industry employed over 12.8 million people in the United States, reflecting an increase of 2% from 2022. The annual mean wage in 2023 was $64,440, and the median wage was $49,240. Compared to the national average, the wages in this industry group were lower by 1.6%.
Educational Services Employment and Wages in 2023
In 2023, the Educational Services industry employed over 13.3 million people in the United States, reflecting an increase of 2.8% from 2022. The annual mean wage in 2023 was $67,020, and the median wage was $59,260. Compared to the national average, the wages in this industry group were higher by 2.4%.
Accommodation and Food Services Employment and Wages in 2023
In 2023, the Accommodation and Food Services industry employed over 13.9 million people in the United States, reflecting an increase of 5.5% from 2022. The annual mean wage in 2023 was $36,220, and the median wage was $32,540. Compared to the national average, the wages in this industry group were lower by 44.7%.
Retail Trade Employment and Wages in 2023
In 2023, the Retail Trade industry employed over 15.6 million people in the United States, reflecting an increase of 0.5% from 2022. The annual mean wage in 2023 was $42,720, and the median wage was $35,330. Compared to the national average, the wages in this industry group were lower by 34.7%.
Health Care and Social Assistance Employment and Wages in 2023
In 2023, the Health Care and Social Assistance industry employed over 22.1 million people in the United States, reflecting an increase of 3.6% from 2022. The annual mean wage in 2023 was $67,320, and the median wage was $46,810. Compared to the national average, the wages in this industry group were higher by 2.8%.
Understanding Equity Compensation: Stock Options and RSUs Explained
Equity compensation is a vital component of many employee benefit packages, especially in startups and tech companies. It not only serves as an incentive to attract top talent but also aligns the interests of employees with the long-term goals of the company.
FTC's New Rule on Non-Compete Clauses: A Comprehensive Overview
The Federal Trade Commission (FTC) has taken a monumental step towards reshaping the labor market with its final rule to ban non-compete clauses in employment contracts. This decision, which aims to boost competition, innovation, and worker mobility, has been met with both praise and significant legal challenges.
Addressing Job Dissatisfaction: Steps to Improve Your Career Situation
Experiencing dissatisfaction with your job is a common challenge many individuals face during their careers. Whether due to lack of fulfillment, inadequate compensation, poor management, or a toxic work environment, it's crucial to take proactive steps to improve your situation. Here are some strategies to consider if you're unhappy with your current job.
Modernizing Talent Acquisition and Retention Strategies for Business Success
In today's competitive job market, attracting and retaining top talent is crucial for any business's success. Employers must differentiate themselves to attract and keep their best employees. Here are several modern strategies organizations can implement to achieve this goal.
Mastering Salary Negotiation in 2024: Strategies for Success
Negotiating your salary can be nerve-wracking, but it's a crucial step in ensuring you receive the compensation you deserve. Whether you're embarking on a new job or seeking a raise, these strategies will help you navigate the negotiation process effectively in 2024.
Understanding Salary Influences in the United States: Key Factors in 2024
When it comes to salaries in the United States, numerous factors influence how much money someone earns. Factors such as location, industry, experience, education, job type, gender, and race all play significant roles in determining pay. Understanding these elements is crucial for both employees and employers in navigating the modern job market.
Occupational Employment and Wage Statistics 2023 Data Release: Key Changes in the Top 10 Largest Employment Occupations
Today, the U.S. Bureau of Labor Statistics (BLS) released its annual Occupational Employment and Wage Statistics for 2023. Below, we delve into the data to explore the key changes in mean annual wages and job numbers for the top 10 largest employment occupations.
Physician Assistants Employment and Wages in 2022
In 2022, the Physician Assistants occupation accounted for over 141 thousand jobs in the United States, reflecting an increase of 6% from 2021. The annual mean wage in 2022 was $125,270, and the median wage was $126,010. Compared to the national average for all occupations, the wages for this occupation were higher by 102.4%.
Education Administrators, Postsecondary Employment and Wages in 2022
In 2022, the Education Administrators, Postsecondary occupation accounted for over 167 thousand jobs in the United States, reflecting an increase of 7.1% from 2021. The annual mean wage in 2022 was $115,180, and the median wage was $99,940. Compared to the national average for all occupations, the wages for this occupation were higher by 86.1%.