What is NAICS Sector 54? Full Description & Statistics

NAICS Sector 54

Full Code Description

What is NAICS Sector 54?

54 - Professional, Scientific, and Technical Services

The Sector as a Whole

The Professional, Scientific, and Technical Services sector comprises establishments that specialize in performing professional, scientific, and technical activities for others. These activities require a high degree of expertise and training. The establishments in this sector specialize according to expertise and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include: legal advice and representation; accounting, bookkeeping, and payroll services; architectural, engineering, and specialized design services; computer services; consulting services; research services; advertising services; photographic services; translation and interpretation services; veterinary services; and other professional, scientific, and technical services.

This sector excludes establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel supply, and physical distribution and logistics. These establishments are classified in Sector 56, Administrative and Support and Waste Management and Remediation Services.

NAICS Codes that fall under 54 - Professional, Scientific, and Technical Services

Top Ten Companies

Top Ten Companies in Professional, Scientific, and Technical Services

Top Businesses by Revenue for 54:

Dhpc Technologies Inc Woodbridge NJ
Catamaran Corporation Schaumburg IL
Tata Consultancy Services Ltd New York NY
Aecom Los Angeles CA
Murphy Oil Usa Inc El Dorado AR
Dyncorp LLC Mc Lean VA
CSC Information Systems LLC Herndon VA
Omnicom Group Inc New York NY
Cognizant Tech Solutions Corp Teaneck NJ
Aecom Global II LLC Los Angeles CA

Bureau of Labor Statistics

Employment Statistics in Professional, Scientific, and Technical Services

Workforce Statistics

This section provides information relating to employment and unemployment in retail trade. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. The following tables present an overview of the industry including the number of jobs, the unemployment rate of those previously employed in the industry, job openings and labor turnover, union membership and representation, gross job gains and losses, data for occupations common to the industry, and projections of occupational employment change.

Employment and Unemployment

 
Data series Back
data
Feb.
2019
Mar.
2019
Apr.
2019
May
2019

Employment (in thousands)

Employment, all employees (seasonally adjusted)

Go to web page with historical data for series CES6054000001
9,479.6 9,509.3 (P)9,529.3 (P)9,550.6

Employment, production and nonsupervisory employees

Go to web page with historical data for series CEU6054000006
7,434.7 7,449.5 (P)7,474.6

Unemployment

Unemployment rate

Go to web page with historical data for series LNU04034219
2.0% 1.8% 2.0% 2.7%

Footnotes
(P) Preliminary

(Source: Current Employment StatisticsCurrent Population Survey)

Employment by Occupation

 
Data series Employment,
2018

Accountants and auditors

434,980

Architectural and civil drafters

74,520

Lawyers

412,030

Management analysts

257,930

(Source: Occupational Employment Statistics)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours, as well as weekly earnings by union membership status, are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in real estate and rental and leasing. This section also contains information on the average cost of benefits paid by employers, as well as recent rates of change in wages and total compensation.

Earnings and Hours of All Employees

 
Data series Back
data
Jan.
2019
Feb.
2019
Mar.
2019
Apr.
2019

Average hourly earnings

Go to web page with historical data for series CEU6054000003
$41.93 $41.82 $41.84 (P)$42.03

Average weekly hours

Go to web page with historical data for series CEU6054000002
36.6 37.1 37.1 (P)37.1

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

 
Data series Wages, 2018
Hourly Annual
Median Mean Median Mean

Accountants and auditors

$34.48 $40.13 $71,710 $83,470

Architectural and civil drafters

$26.57 $27.35 $55,270 $56,880

Lawyers

$59.22 $72.56 $123,170 $150,930

Management analysts

$42.97 $50.45 $89,370 $104,940

(Source: Occupational Employment Statistics)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in professional, scientific, and technical services. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

 
Data series 2014 2015 2016 2017

Fatalities

Number of fatalities

81 77 102 69

Blank cells indicate no data reported or data that do not meet publication criteria.

 
Data series 2017

Rate of injury and illness cases per 100 full-time workers

Total recordable cases

0.8

Cases involving days away from work, job restriction, or transfer

0.3

Cases involving days away from work

0.2

Cases involving days of job transfer or restriction

0.1

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Workplace Trends

This section presents data on the number of establishments in professional, scientific, and technical services.

Establishments

 
Data series Back
data
1st quarter
2018
2nd quarter
2018
3rd quarter
2018
4th quarter
2018

Number of establishments

Private industry

Go to web page with historical data for series ENUUS00020554
(P)1,205,543 (P)1,217,545 (P)1,229,598 (P)1,246,406

Local government

Go to web page with historical data for series ENUUS00020354
(P)1,077 (P)1,080 (P)1,075 (P)1,076

State government

Go to web page with historical data for series ENUUS00020254
(P)491 (P)489 (P)489 (P)488

Federal government

Go to web page with historical data for series ENUUS00020154
(P)1,304 (P)1,304 (P)1,313 (P)1,312

Footnotes
(P) Preliminary

(Source: Quarterly Census of Employment and Wages)

sector 54 naics
sector 54 naics professional services