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Business and Finance
Introduction
Jobs in the business and finance occupation group can be found in nearly every type of establishment/firm throughout the region. These workers need strong mathematical and accounting abilities along with project management and planning skills. Workers in this occupation group are in high demand in southeast Michigan, with about 21,000 job openings annually.
2,682
Business and Finance Workers
2.8% Decrease from 2019
Employment Over Time
2010-2020
Worker Gender Demographics
Business and Finance Worker Demographics
The business and finance occupation group is somewhat diverse in respect to its 2,682 workers. Almost half the working population identify as female (49.5 percent), however 91.8 percent of workers identified as white, indicating much less diversity with respect to race than gender. Only 3.6 percent of the working population in business and finance is under the age of 25, compared to 28.9 percent age 55 and older. In some ways, this indicates an aging business and finance workforce, though it also reflects the consistent need for a bachelor’s degree in these occupations.
Race and Ethnicity Demographics 91.8% White | 3.2% Black or African American | 2.6% Hispanic or Latino
Worker Age Demographics
Business and Finance Top Posted Jobs 2020
Top Posted Jobs: 2020
There were 889 business and finance postings during 2020. Insurance Sales Agents is the top in-demand occupation in 2020, with 114 postings. General and Operations Managers (84 postings) is the second highest demanded, while Accountants and Auditors (76 postings), Personal Service Managers, All Other; Entertainment and Recreation Managers, Except Gambling; and Managers, All Other (57 postings), and Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products (54 postings) round out the top demanded occupations.
Business and Finance Wage Overview
Most business and finance related jobs offer high wages, providing a lucrative opportunity for job seekers willing to attain the necessary education. The top posted business and finance job, Insurance Sales Agents, offers median hourly wages of $21.37, translating to annual earnings of approximately $44,450. All the top business occupations offer median wages over $19.00 per hour, and most prefer a bachelor’s degree for entry.
Wage Overview for Top Posted Business and Finance Jobs in 2020
Data: Emsi, BLS | Analysis: Workforce Intelligence Network
In-Demand Technical Skills
• Accounting • Auditing • Selling Techniques • Loans • Budgeting • Communications • Sales • Management • Customer Service • Operations
In-Demand Foundational Skills
In-Demand Education Level*
• High School Diploma: 23.5% • Associate Degree: 6.5% • Bachelor's Degree: 30.9% • Master's Degree: 6.0% • Bachelor of Science in Business • Commercial Driver's License (CDL) • Certified Public Accountant • Bachelor of Science in Business Administration • Series 7 General Securities Representative License (Stockbroker)
In-Demand Certifications
3 1%
o f Po s t i n g s Re q u i r e a Ba c h e l o r ' s De g r e e
Employer Demand by City
Top Posting Employers*
• Hillsdale College • Assurance • Independent Insurance Agents • Soar Transportation LLC • CMS Energy Corporation • PPG Industries, Inc. • Old National Bancorp • Robert Half International Inc. • Checkers Drive-In Restaurants, Inc. • Home Instead Senior Care
1. Adrian: 305 Postings 2. Hillsdale: 139 Postings 3. Clinton: 130 Postings 4. Tecumseh: 77 Postings 5. Jonesville: 62 Postings 6. Litchfield: 19 Postings 7. Britton: 13 Postings 8. Camden: 13 Postings 9. Deerfield: 13 Postings 10. Onsted: 12 Postings
Job Postings by City
