According to the US Bureau of Labor Statistics (BLS), overall employment of purchasing managers and buyers and purchasing agents is projected to decline 7 percent from 2019 to 2029. However, many openings are expected each year because of the need to replace workers who leave the occupation. Employment for purchasing managers is projected to increase because they will continue to be needed to help procure goods and services for business operations or for resale to customers.
According to BLS, the median annual wage for buyers and purchasing agents was $66,690 in May 2020.
The median annual wage for purchasing managers was $125,940 in May 2020.
Here are some occupations within Purchasing and Procurement:
- Financial Clerks
- Purchasing Managers, Buyers, and Renters