Employment Outlook and Opportunities
According to U.S. News & World Report, library and information science ranked as one of the "Best Careers of 2008." The median annual salary for 2007 was reported as $51,400 USD in the United States, with additional salary breakdowns available by metropolitan area, with San Francisco coming in the highest with an average salary of $64,400 and Portland, Oregon the lowest at $47,700. This is up from the median salaries in 2006 as $49,060 reported by the U.S. Bureau of Labor Statistics. The increase can basically be attributed to keeping pace with inflation. A $49,060 salary in 2006 was adjusted to $50,457.33, and while data is not yet posted for 2008, adding the same rate of inflationary increase for 2008 (1.028%) one could project an inflationary salary adjustment as $51,894.46 for the 2008 fiscal year. In December 2009, the BLS projected growth for the field at "8 percent between 2008 and 2018", which is "as fast as the average for all occupations". Furthermore, the BLS states, "Workers in this occupation tend to be older than workers in the rest of the economy. As a result, there may be more workers retiring from this occupation than other occupations. However, relatively large numbers of graduates from MLS programs may cause competition in some areas and for some jobs."
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