Indicator 2: Occupations and Wages
How Does Massachusetts Perform?
Massachusetts had higher average wages than the LTS in 10 of 11 occupational categories tracked by the Index and higher average wages than the U.S. overall in all 11 categories. The gap between Massachusetts and both the LTS and U.S. is even larger in terms of overall wages than within any occupational category, at 20.1% higher than the LTS and 22.6% higher than the U.S., indicating that Massachusetts has a larger percentage of its employment in high paying occupational categories. Below we highlight certain key occupational categories.
The Computers & Math and Business, Financial & Legal occupational categories had significantly higher wages than the LTS and the U.S. for these occupations. Computers & Math occupations in Massachusetts paid 12.7% more in average wages to workers in those occupations compared to competing LTS states.
Healthcare occupations continued their positive wage growth in Massachusetts and remain higher than the LTS and U.S. Employment in the healthcare industry also increased by 9,020 jobs from 2015 to 2016.
Science & Engineering experienced increased positive employment growth in Massachusetts in 2016, but employment and wages for Science & Engineering occupations have still not returned to 2009 levels.