Business and Financial Operations Occupations (13-0000) in Southwest Workforce Development Area



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Southwest Workforce Development Area (1Q 2020)
All Industry
Estimated employment		28,120
Mean wage		$49.19
Entry wage		$27.58
10th percentile wage		$24.74
50th percentile wage		$42.66
90th percentile wage		$81.23

Top Employing Industries
Industry	Employment Percent
Financial Activities	10,380	36.9%
Professional and Business Services	9,570	34.0%
Manufacturing	2,140	7.6%
Trade, Transportation,, and Utilities	1,730	6.2%

Top Paying Industries
Industry	Employment Median Wage
Financial Activities	10,380	$49.35
Public Administration	690	$42.52
Professional and Business Services	9,570	$40.21
Information	1,020	$38.34

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$42.66		$42.66		$0.00
2019	$41.26	+3.4%	$41.26	+3.4%	$0.00
2018	$40.20	+2.6%	$40.20	+2.6%	$0.00
2017	$39.26	+2.4%	$39.26	+2.4%	$0.00
2016	$38.35	+2.4%	$38.35	+2.4%	$0.00
2015	$37.28	+2.9%	$37.28	+2.9%	$0.00
2014	$36.40	+2.4%	$36.40	+2.4%	$0.00
2013	$35.52	+2.5%	$35.52	+2.5%	$0.00
2012	$34.94	+1.7%	$34.94	+1.7%	$0.00
2011	$34.40	+1.6%	$34.40	+1.6%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$42.66		$26.48		$16.18
2019	$41.26	+3.4%	$25.40	+4.2%	$15.86
2018	$40.20	+2.6%	$24.63	+3.1%	$15.57
2017	$39.26	+2.4%	$23.97	+2.8%	$15.29
2016	$38.35	+2.4%	$23.42	+2.3%	$14.92
2015	$37.28	+2.9%	$22.93	+2.1%	$14.35
2014	$36.40	+2.4%	$22.44	+2.2%	$13.96
2013	$35.52	+2.5%	$21.99	+2.1%	$13.53
2012	$34.94	+1.7%	$21.61	+1.7%	$13.33
2011	$34.40	+1.6%	$21.27	+1.6%	$13.12

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2020

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