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Explore Business and Financial Operations Occupations



Snapshot of Business and Financial Operations Occupations in 2010
6,090,910
Total Employment
5.60 %
Unemployment Rate
$67,690
Average Annual Salary
  • #1 amongst U.S. occupational groups ranked by average annual wages growth from the previous year.

  • #5 amongst U.S. occupational groups ranked by total employment growth from the previous year.

  • #6 amongst U.S. occupational groups ranked by future employment growth.

  • #6 amongst U.S. occupational groups ranked by average annual wages.

  • #7 amongst U.S. occupational groups ranked by future job openings.

  • #8 amongst U.S. occupational groups ranked by lowest annual unemployment rate.

  • #8 amongst U.S. occupational groups ranked by percentage of women employed.

  • #8 amongst U.S. occupational groups ranked by total employment.

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VIEW ALL BUSINESS AND FINANCIAL OPERATIONS OCCUPATIONS HERE
HIGHEST PAYING OCCUPATIONS
1. Personal Financial Advisors: $91,220
2. Agents and Business Managers of Artists, Performers, and Athletes: $89,840
3. Management Analysts: $87,260
4. Financial Analysts: $86,040
5. Financial Examiners: $82,320
Table 1. Highest Paying Business and Financial Operations Occupations

FASTEST GROWING SALARIES
1. Market Research Analysts and Marketing Specialists*: 0.39 %
2. Compensation, Benefits, and Job Analysis Specialists: 0.24 %
3. Training and Development Specialists: 0.19 %
4. Compliance Officers: 0.13 %
5. Logisticians: 0.04 %
Table 2. Business and Financial Operations Occupations with the Fastest Growing Salaries

POPULAR OCCUPATIONS
1. Accountants and Auditors: 17.61 %
2. Business Operations Specialists, All Other*: 16.32 %
3. Management Analysts: 8.81 %
4. Human Resources, Training, and Labor Relations Specialists, All Other*: 6.86 %
5. Loan Officers: 4.65 %
Table 3. Popular Business and Financial Operations Occupations
(Percentage of Total Employment for Occupational Group)
FASTEST GROWING EMPLOYMENT
1. Market Research Analysts and Marketing Specialists*: 4.08 %
2. Training and Development Specialists: 2.96 %
3. Human Resources, Training, and Labor Relations Specialists, All Other*: 1.12 %
4. Compensation, Benefits, and Job Analysis Specialists: 1.00 %
5. Meeting, Convention, and Event Planners*: 0.11 %
Table 4. Business and Financial Operations Occupations with the Fastest Growing Employment


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Total Employment for Business and Financial Operations Occupations in 2010
Figure 1. Total Employment
Total Employment by Gender for Business and Financial Operations Occupations in 2010
Figure 2. Employment by Gender
Employment Percent Change for Business and Financial Operations Occupations in 2010 Figure 3. Employment Percent Change
Unemployment Rate for Business and Financial Operations Occupations in 2010 Figure 4. Unemployment Rate
Diversity of Racial Groups Amongst Business and Financial Operations Occupations in 2010
Figure 5. Diversity of Employment


Business and Financial Operations Occupations
National Estimates
Total Employment
6,090,910
127,097,160
Total Employment Amount Change from 2009 to 2010
27,240
-3,550,450
Total Employment Percent Change from 2009 to 2010
0.00 %
-0.03 %
Percent of Women Employed
54.90 %
47.20 %
Percent of Men Employed
45.10 %
52.80 %
Unemployment Rate
5.60 %
9.60 %
Unemployment Rate Amongst Women
6.10 %
8.60 %
Unemployment Rate Amongst Men
5.10 %
10.50 %
Table 5. Employment Information for Business and Financial Operations Occupations


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Salary Information for Business and Financial Operations Occupations
Annual Salary Distribution for Business and Financial Operations Occupations in 2010 Figure 6. Annual Salary Distribution
Hourly Wage Distribution for Business and Financial Operations Occupations in 2010 Figure 7. Hourly Wage Distribution
Average Annual Salary for Business and Financial Operations Occupations in 2010 Figure 8. Average Annual Salary
Average Hourly Wage for Business and Financial Operations Occupations in 2010 Figure 9. Average Hourly Wage
Wage Increase Percent for Business and Financial Operations Occupations in 2010 Figure 10. Average Annual Wage Percent Change


Business and Financial Operations Occupations
National Estimates
Average Annual Salary
$67,690
$44,410
Average Hourly Wage
$32.54
$21.35
Average Annual Salary Change from 2009 to 2010
0.03 %
0.02 %
Table 6. Salary Information for Business and Financial Operations Occupations


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Projections for Business and Financial Operations Occupations
Projected Employment Growth for Business and Financial Operations Occupations (2008-2018) Figure 11. Projected Employment Growth (2008-2018)
Replacement Needs Rate for Business and Financial Operations Occupations (2008-2018) Figure 12. Projected Replacement Needs( 1 ) Rate (2008-2018)
Projected Job Openings for Business and Financial Operations Occupations (2008-2018)
Figure 13. Contributions of Employment Growth and Replacement Needs1 to Projected Job Openings, estimated to be 2,575,200 by 2018.


LARGEST EMPLOYMENT GROWTH
1. Accountants and auditors: 279,400
2. Human resources, training, and labor relations specialists: 184,500
3. Management analysts: 178,300
4. Business operation specialists, all other: 125,900
5. Financial analysts and advisors: 108,200
Table 7. Occupations with the Largest Projected Employment Growth (2008 - 2018)

FASTEST GROWING OCCUPATIONS
1. Financial examiners: 41.16%
2. Compliance officers, except agriculture, construction, health and safety, and transportation: 31.05%
3. Personal financial advisors: 30.13%
4. Employment, recruitment, and placement specialists: 27.92%
5. Cost estimators: 25.34%
Table 8. Occupations with the Fastest Growing Employment Rates (2008 - 2018)

SMALLEST EMPLOYMENT GROWTH
1. Insurance underwriters: -4,300
2. Wholesale and retail buyers, except farm products: -3,300
3. Purchasing agents and buyers, farm products: -200
4. Insurance appraisers, auto damage: 100
5. Tax preparers: 2,800
Table 9. Occupations with the Smallest Projected Employment Growth or Largest Projected Employment Decline (2008 - 2018)
LARGEST NUMBER OF JOB OPENINGS
1. Accountants and auditors: 497,500
2. Human resources, training, and labor relations specialists: 385,800
3. Business operation specialists, all other: 368,300
4. Management analysts: 306,500
5. Financial analysts and advisors: 210,400
Table 10. Occupations with the Largest Number of Job Openings due to Employment Growth and Replacement Needs (2008 - 2018)


1. Replacement needs are an estimate of job openings resulting from workers retiring from or permanently leaving an occupation.

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Industry Information for Business and Financial Operations Occupations
HIGHEST PAYING INDUSTRIES
1. Professional, Scientific, and Technical Services: $75,660
2. Information: $75,040
3. Mining, Quarrying, and Oil and Gas Extraction: $73,510
4. Utilities: $73,280
5. Finance and Insurance: $70,670
Table 11. Highest Paying Industries

INDUSTRIES WITH HIGHEST CONCENTRATION
1. Finance and Insurance: 230.88
2. Management of Companies and Enterprises: 201.12
3. Professional, Scientific, and Technical Services: 138.47
4. Federal, State, and Local Government (OES Designation): 100.32
5. Utilities: 71.64
Table 12. Industries with the Highest Concentration (Jobs Per Thousand Available in the Industry)

POPULAR INDUSTRIES
1. Finance and Insurance: 20.87 %
2. Professional, Scientific, and Technical Services: 16.79 %
3. Federal, State, and Local Government (OES Designation): 16.35 %
4. Management of Companies and Enterprises: 6.29 %
5. Administrative and Support and Waste Management and Remediation Services: 4.53 %
Table 13. Popular Industries
(Percentage of Total Employment for Occupational Group)
FASTEST GROWING INDUSTRIES
1. Agriculture, Forestry, Fishing and Hunting: 0.47 %
2. Arts, Entertainment, and Recreation: 0.13 %
3. Information: 0.09 %
4. Management of Companies and Enterprises: 0.07 %
5. Educational Services: 0.07 %
Table 14. Industries with the Fastest Growing Employment


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U.S. States Information for Business and Financial Operations Occupations
HIGHEST PAYING STATES
1. District of Columbia: $86,060
2. New York: $82,650
3. Connecticut: $77,270
4. Massachusetts: $77,110
5. Virginia: $74,290
Table 15. States with the Highest Salaries

STATES WITH HIGHEST CONCENTRATION
1. District of Columbia: 139.79
2. Virginia: 65.6
3. Colorado: 61.8
4. Maryland: 60.84
5. Minnesota: 58.81
Table 16. States with the Highest Concentration (Jobs Per Thousand Available in the State)

POPULAR STATES
1. California: 12.28 %
2. New York: 7.03 %
3. Texas: 7.02 %
4. Florida: 6.12 %
5. Illinois: 5.14 %
Table 17. States with Largest Employment
(Percentage of Total Employment for Occupational Group)
FASTEST GROWING STATES
1. District of Columbia: 0.10 %
2. Vermont: 0.07 %
3. Alaska: 0.05 %
4. Maryland: 0.05 %
5. Indiana: 0.04 %
Table 18. States with the Fastest Growing Employment


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U.S. Metro Areas Information for Business and Financial Operations Occupations
HIGHEST PAYING METRO AREAS
1. Bridgeport-Stamford-Norwalk, CT: $91,320
2. San Francisco-San Mateo-Redwood City, CA: $91,120
3. New York-White Plains-Wayne, NY: $89,270
4. San Jose-Sunnyvale-Santa Clara, CA: $88,190
5. Washington-Arlington-Alexandria, DC: $84,580
Table 19. Metro Areas with the Highest Salaries

METRO AREAS WITH HIGHEST CONCENTRATION
1. Warner Robins, GA: 107.99
2. Tallahassee, FL: 106.95
3. Washington-Arlington-Alexandria, DC: 99
4. Trenton-Ewing, NJ: 95
5. San Francisco-San Mateo-Redwood City, CA: 85.24
Table 20. Metro Areas with the Highest Concentration (Jobs Per Thousand Available in the Metro Area)

POPULAR METRO AREAS
1. New York-White Plains-Wayne, NY: 5.02 %
2. Washington-Arlington-Alexandria, DC: 3.72 %
3. Chicago-Naperville-Joliet, IL: 3.64 %
4. Los Angeles-Long Beach-Glendale, CA: 3.32 %
5. Atlanta-Sandy Springs-Marietta, GA: 2.26 %
Table 21. Metro Areas with Largest Employment
(Percentage of Total Employment for Occupational Group)
FASTEST GROWING METRO AREAS
1. Terre Haute, IN: 0.33 %
2. Lawrence, KS: 0.19 %
3. Waterloo-Cedar Falls, IA: 0.19 %
4. Elizabethtown, KY: 0.18 %
5. St. Joseph, MO: 0.17 %
Table 22. Metro Areas with the Fastest Growing Employment


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Further Information for Business and Financial Operations Occupations


Please click on one of the links below to get further information on the following subjects:

Source: U.S. Bureau of Labor Statistics, Department of Labor





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