:
Go
North Dakota Earnings
North Dakota Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Bismarck MSA
|
$43,100 or $20.72/hr
|
$30,840 or $14.83/hr
|
$54,390 or $26.15/hr
|
Fargo ND-MN MSA
|
$45,010 or $21.64/hr
|
$31,550 or $15.17/hr
|
$61,050 or $29.35/hr
|
North Dakota's Employment and Outlook (State-wide)
Outlook
|
Decreasing Growth rate is estimated to be -11%
|
Job Openings
|
39 estimated annual job openings
|
Employment
|
396 were employed in this occupation
|
Industries
|
Large concentrations of this occupation are found in these industries
-
Business support services (NAICS561400) (26.56%)
-
General Medical and Surgical Hospitals (NAICS622100) (19.92%)
-
Insurance carriers (NAICS524100) (5.66%)
-
Office administrative services (NAICS561100) (3.32%)
-
Colleges, Universities, and Professional Schools (NAICS611300) (1.95%)
|
Regions with decreasing outlook (negative growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 2
|
19
|
-21%
|
|
2
|
2
|
Region 4
|
29
|
-10%
|
|
3
|
3
|
Region 5
|
134
|
-9%
|
-1
|
15
|
14
|
Region 7
|
183
|
-11%
|
-2
|
20
|
18
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
Outlook
|
decreasing
|
|
The employment change from 2021 to 2031 is estimated to be -8%.
(The National average for all occupations is +5%)
|
Job Openings
|
very small number
|
|
A total of 2210 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
|
Employment
|
medium occupation
|
|
This was a medium sized occupation in the United States, employing 215,400 workers in 2021.
(The National average for all occupations is 142,207 workers)
|
Growth
|
Declining growth
|
|
New software and automated calling systems should increase productivity and allow collectors to handle more accounts. This will allow more collections work to be done with fewer employees.
Some collection jobs will likely be sent to other countries where wages are lower, as a way for firms to cut costs. Although this will create some drag on employment of collectors, creditors should continue to hire some collectors in the United States.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Administrative and support and waste management and remediation services (NAICS560000) (34.9%)
- Administrative and support services (NAICS561000) (34.7%)
- Business support services (NAICS561400) (30%)
- Finance and insurance (NAICS520000) (22.2%)
- Credit intermediation and related activities (NAICS522000) (19.2%)
- Health care and social assistance (NAICS620000) (9.6%)
- Nondepository credit intermediation (NAICS522200) (9.4%)
- Professional, scientific, and technical services (NAICS540000) (7.4%)
- Management of companies and enterprises (NAICS550000) (6.5%)
- Management of companies and enterprises (NAICS551000) (6.5%)
|