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Business Career Statistics

Not every career in business needs expertise in statistics, but knowing these numbers may help you pick a degree program and career path that's right for you.

• Popular business careers and average annual earnings:
• Management Analysts:
  535,850 jobs
  $82,920
• Accountants:
  1.13 million jobs
  $65,840
• Budget Analysts:
  62,630 jobs
  $68,140
• Personal Financial Advisor:
  146,690 jobs
  $92,970
  
• Statisticians:
  20,680 jobs
  $74,790
• Medical and Health Services Managers:
  258,130 jobs
  $88,750
• Executive and Administrative Assistants:
  1.4 million jobs
  $42,340
• General and Operations Managers:
  1.69 million jobs
  $107,970
• Management, scientific, and technical consulting is one of the fastest growing industries in the U.S., and one of the highest paying.
  • About 21% of management, scientific, and technical consultants are self-employed.
  • 95% of management, scientific, and technical consulting services employ fewer than 20 workers.
  • Roughly 74% of management, scientific, and technical consultants have a bachelor's or higher degree.
• The finance and insurance sector is primarily engaged in financial transactions ( involving the creation, liquidation, or change in ownership of financial assets).
  • 5.7 million people are employed in the finance and insurance sector.
  • Just under 2% of finance and insurance employees are members of unions.
  • Over 95% of insurance companies employ fewer than 50 workers, but about 40% of insurance jobs are in companies with 250 or more employees.
  • About 44% of insurance workers are in office and administrative support positions.
  • About 29% of insurance workers are in management or business and financial operations jobs.
• The securities, commodities, and investments industry comprises a diverse group of companies and organizations that manage the issuance, purchase, and sale of financial instruments.
  • Most workers (66%) in this industry hold bachelor's or higher degrees.
  • About 1 in 4 employees in this industry work 50 or more hours per week.
  • Only about 9% of securities, commodities and investment workers are part-time employees.
  • 60% of workers in this industry are employed by contract dealers and securities brokers; 38% work in other investment activities, including investment advice and portfolio management.
• The manufacturing sector includes businesses engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products.
  • 11.7 million people are employed in the manufacturing sector
  • The unemployment rate in manufacturing is nearly 12%.
  • 12.3% of manufacturing workers are represented by unions
• The health care and social assistance industry is the largest industry in the U.S.
  • Over 16 million workers are employed in health care and social assistance.
  • 18% of health care jobs are in office and administrative support.
  • 4% of health care jobs are in management, business, and financial operations
  • etail trade and health care & social assistance were close behind (over 14 million employees each).
• The retail trade industry includes store and non-store merchandising.
  • 14.7 million workers are employed in retail
  • 5.9% of retail workers are represented by unions
• Almost half of all business firms are owned by women. Number of businesses owned by:
• Females – 6,492,795
• Males – 13,185,703
• Equally owned by male & female – 2,691,722
• Almost 75% of all U.S. businesses do not have payroll – most are self-employed professionals operating an unincorporated business. Since they are small, these businesses without employees account for only 3% of business sales/receipts, so they are not even included in many surveys and business analyses.

Figures from the U.S. Census Bureau (www.census.gov) and the U.S. Bureau of Labor Statistics (www.bls.gov), Oct. 2009