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One of the biggest decisions most of us have to make is which industry to look for work. Compensation matters, but it also matters whether pay is rising or falling. The following table gives the annual average pay in five major industries for 2007 and 2017 (the figures include the pay of all workers, including top managers).
Average Annual Wages and Salaries (Dollars)*
Industry
2007
2017
% Change (a)
Real % Change (b)
Manufacturers
55,239
69,437
Retail trade
30,695
36,891
Finance and insurance
88,771
109,600
Computer systems design and programming
93,843
119,263
Hospitals
52,006
66,994
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