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Career Guide: Psychologist

Career Guide: Psychologist

Bureau of Labor Statistics

Master’s degree holders in fields other than industrial-organizational psychology will face keen competition for jobs because of the limited number of positions that require only a master’s degree. Master’s degree holders may find jobs as psychological assistants or counselors, providing mental health services under the direct supervision of a licensed psychologist. Still others may find jobs involving research and data collection and analysis in universities, government, or private companies.

Opportunities directly related to psychology will be limited for bachelor’s degree holders. Some may find jobs as assistants in rehabilitation centers or in other jobs involving data collection and analysis. Those who meet State certification requirements may become high school psychology teachers.

Earnings

Median annual earnings of wage and salary clinical, counseling, and school psychologists in May 2006 were $59,440. The middle 50 percent earned between $45,300 and $77,750. The lowest 10 percent earned less than $35,280, and the highest 10 percent earned more than $102,730. Median annual earnings in the industries employing the largest numbers of clinical, counseling, and school psychologists were:

Offices of mental health practitioners $69,510
Elementary and secondary schools 61,290
Local government 58,770
Individual and family services 50,780
Outpatient care centers 50,310

Median annual earnings of wage and salary industrial-organizational psychologists in May 2006 were $86,420. The middle 50 percent earned between $66,310 and $115,000. The lowest 10 percent earned less than $48,380, and the highest 10 percent earned more than $139,620.


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