Monday, July 9, 2012

2010-2020 Job Outlook for Management Occupations

Management occupations are projected to add 615,800 new jobs, growing 7 percent, from 2010 to 2020.

Although employment in most management occupations is expected to grow, in one large occupation—farmers, ranchers, and other agricultural managers—it is projected to decline. Employment of farmers, ranchers, and other agricultural managers is expected to decrease as large, productive farms continue consolidating the agriculture sector.

Management occupations are found throughout all industries in the economy and usually pay well. The median annual wage of management occupations was $91,440—higher than that of any other occupational group. The high pay reflects, in part, the combination of formal postsecondary education and work experience that workers in these occupations typically need.

Source: Bureau of Labor Statistics

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