2012′s Best-Performing Jobs for Doctoral and Professional Degrees
This is the fifth post in a series about the best jobs by ed level for 2012. See the original post here.
In this post we want to highlight the fastest-growing and highest-paying jobs that require a doctoral or first professional degree. Our analysis is based solely on labor market data from EMSI’s 2012.1 Covered Employment release, which is drawn from over 80 state and federal data sources. We use Analyst, EMSI’s web-based labor market analysis tool, to assemble and filter this data that contains detailed information on over 1,100 industries and 800 occupations.
Most New Jobs
- Postsecondary teachers gained 80,000 new jobs from 2008-2012.
- Physicians & surgeons gained 23,000,
- Family & general practitioners gained 15,000, and
- Medical scientists gained 8,300.
As it turns out, most of the occupations here are healthcare related (SOC code 29).
| SOC Code | Description | 2008 Jobs | 2012 Jobs | Change | % Change | 2011 Median Hourly Wage | 2011 Avg Hourly Wage | Education Level |
|---|---|---|---|---|---|---|---|---|
| Source: EMSI Covered Employment – 2012.1 | ||||||||
| 25-1099 | Postsecondary teachers | 1,350,163 | 1,429,455 | 79,292 | 6% | $30.84 | $34.10 | Doctoral degree |
| 29-1069 | Physicians and Surgeons, All Other | 262,635 | 285,554 | 22,919 | 9% | $81.53 | $83.62 | First professional degree |
| 29-1062 | Family and General Practitioners | 94,503 | 109,518 | 15,015 | 16% | $77.21 | $81.00 | First professional degree |
| 19-1042 | Medical Scientists, Except Epidemiologists | 99,470 | 107,816 | 8,346 | 8% | $36.47 | $40.76 | Doctoral degree |
| 29-1022 | Oral and Maxillofacial Surgeons | 4,881 | 9,927 | 5,046 | 103% | $86.30 | $100.29 | First professional degree |
| 19-3031 | Clinical, Counseling, and School Psychologists | 94,799 | 98,785 | 3,986 | 4% | $32.36 | $34.80 | Doctoral degree |
| 29-1061 | Anesthesiologists | 35,654 | 39,518 | 3,864 | 11% | $86.89 | $101.56 | First professional degree |
| 29-1021 | Dentists, General | 84,695 | 88,556 | 3,861 | 5% | $68.61 | $75.40 | First professional degree |
| 29-1131 | Veterinarians | 53,094 | 56,748 | 3,654 | 7% | $39.22 | $43.41 | First professional degree |
| 29-1067 | Surgeons | 42,588 | 46,100 | 3,512 | 8% | $89.19 | $105.55 | First professional degree |
Fastest Growth
Here we have the jobs that have bulked up the most proportionately speaking.
- Oral & maxillofacial surgeons grew by an impressive 103%.
- The rest can’t even touch that: family & general practitioners (16%), obstetricians & gynecologists (14%), anesthesiologists (11%), and pediatricians (11%). Note again the dominance of healthcare jobs.
| SOC Code | Description | 2008 Jobs | 2012 Jobs | Change | % Change | 2011 Median Hourly Wage | 2011 Avg Hourly Wage | Education Level |
|---|---|---|---|---|---|---|---|---|
| Source: EMSI Covered Employment – 2012.1 | ||||||||
| 29-1022 | Oral and Maxillofacial Surgeons | 4,881 | 9,927 | 5,046 | 103% | $86.30 | $100.29 | First professional degree |
| 29-1062 | Family and General Practitioners | 94,503 | 109,518 | 15,015 | 16% | $77.21 | $81.00 | First professional degree |
| 29-1064 | Obstetricians and Gynecologists | 19,255 | 21,945 | 2,690 | 14% | $83.69 | $97.80 | First professional degree |
| 29-1061 | Anesthesiologists | 35,654 | 39,518 | 3,864 | 11% | $86.89 | $101.56 | First professional degree |
| 29-1065 | Pediatricians, General | 27,951 | 30,891 | 2,940 | 11% | $72.39 | $77.45 | First professional degree |
| 29-1041 | Optometrists | 26,137 | 28,805 | 2,668 | 10% | $45.60 | $51.42 | First professional degree |
| 19-2011 | Astronomers | 1,211 | 1,326 | 115 | 9% | $52.95 | $51.42 | Doctoral degree |
| 29-1069 | Physicians and Surgeons, All Other | 262,635 | 285,554 | 22,919 | 9% | $81.53 | $83.62 | First professional degree |
| 29-1029 | Dentists, All Other Specialists | 5,504 | 5,970 | 466 | 8% | $74.77 | $74.19 | First professional degree |
| 15-2021 | Mathematicians | 3,181 | 3,448 | 267 | 8% | $44.73 | $45.21 | Doctoral degree |
| 19-1042 | Medical Scientists, Except Epidemiologists | 99,470 | 107,816 | 8,346 | 8% | $36.47 | $40.76 | Doctoral degree |
| 29-1067 | Surgeons | 42,588 | 46,100 | 3,512 | 8% | $89.19 | $105.55 | First professional degree |
Highest Paying
Again, lots of health care jobs. Of all the occupations that make more than $70 an hour (2011 median hourly wage), surgeons is the highest ($89.19), followed closely by anesthesiologists ($86.89), oral & maxillofacial surgeons ($86.30), and obstetricians & gynecologists ($83.69).
| SOC Code | Description | 2008 Jobs | 2012 Jobs | Change | % Change | 2011 Median Hourly Wage | 2011 Avg Hourly Wage | Education Level |
|---|---|---|---|---|---|---|---|---|
| Source: EMSI Covered Employment – 2012.1 | ||||||||
| 29-1067 | Surgeons | 42,588 | 46,100 | 3,512 | 8% | $89.19 | $105.55 | First professional degree |
| 29-1061 | Anesthesiologists | 35,654 | 39,518 | 3,864 | 11% | $86.89 | $101.56 | First professional degree |
| 29-1022 | Oral and Maxillofacial Surgeons | 4,881 | 9,927 | 5,046 | 103% | $86.30 | $100.29 | First professional degree |
| 29-1064 | Obstetricians and Gynecologists | 19,255 | 21,945 | 2,690 | 14% | $83.69 | $97.80 | First professional degree |
| 29-1023 | Orthodontists | 5,230 | 5,588 | 358 | 7% | $83.18 | $97.79 | First professional degree |
| 29-1063 | Internists, General | 47,339 | 50,259 | 2,920 | 6% | $81.87 | $88.32 | First professional degree |
| 29-1069 | Physicians and Surgeons, All Other | 262,635 | 285,554 | 22,919 | 9% | $81.53 | $83.62 | First professional degree |
| 29-1066 | Psychiatrists | 21,546 | 22,982 | 1,436 | 7% | $78.50 | $78.89 | First professional degree |
| 29-1062 | Family and General Practitioners | 94,503 | 109,518 | 15,015 | 16% | $77.21 | $81.00 | First professional degree |
| 29-1029 | Dentists, All Other Specialists | 5,504 | 5,970 | 466 | 8% | $74.77 | $74.19 | First professional degree |
| 29-1065 | Pediatricians, General | 27,951 | 30,891 | 2,940 | 11% | $72.39 | $77.45 | First professional degree |
The Upshot
Taking growth and wages together, which of these super-high higher-ed jobs are performing the best? Oral & maxillofacial surgeons, physicians & surgeons, family & general practitioners are the most notable on both levels.
Return to the original post here.
Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz ([email protected]).
Read more at Economic Modeling Specialists (EMSI blog)
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