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2006 | OriginalPaper | Chapter
The Changing Employment Circumstances of Managers
Published in: America at Work
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In 2003, just under 6.5 million Americans worked as managers, and they earned an average annual salary of $83,400, while the average for all workers was $36,520.1 The unemployment rate for managers that year was 2.9 percent, less than half the overall unemployment rate of 6 percent. Clearly, managers are a privileged group. But perhaps surprisingly, they are often seen as victims.