Workers in this group use arithmetic and apply advanced techniques to make calculations, analyze data, and solve problems.
Overall employment in math occupations is projected to grow 29 percent over the next ten years, much faster than the average for all occupations; this increase is expected to result in about 82,000 new jobs over the decade. In addition to new jobs from growth, opportunities arise from the need to replace workers who leave their occupations permanently. About 30,600 openings each year, on average, are projected to come from growth and replacement needs.
Math occupations have a median annual wage of $98,680, which is higher than the median annual wage for all occupations of $45,760.
Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk of potential events, and they help businesses and clients develop policies that minimize the cost of that risk. Actuaries’ work is essential to the insurance industry.
Data scientists use analytical tools and techniques to extract meaningful insights from data.
Mathematicians and statisticians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields.
Operations research analysts use advanced mathematical and analytical methods to help organizations solve problems and make better decisions.
All data scientists and mathematical scientists not listed separately.