Growth Arrives for Engineering SalariesGrowth Arrives for Engineering Salaries
The Bureau of Labor Statistics has released new data on engineering salaries and job prospects for the coming decade. It's good news.
January 19, 2022
The salaries of engineers have taken a step upwards since we last reported on wages by engineering discipline. The number of jobs is growing as well. According to the Bureau of Labor Statistics, employment in engineering occupations is projected to grow 6% from 2020 to 2030, about as fast as the average for all occupations. About 146,000 new jobs are projected to be added.
A good portion of the projected job growth will come from services in demand in various areas such as the rebuilding of infrastructure, renewable energy, oil and gas extraction, and robotics.
The median annual wage for engineering occupations was $83,160 in May 2020, which was twice the median annual wage for all occupations of $41,950.
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