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The differences between business reporters and journalists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a business reporter and a journalist. Additionally, a journalist has an average salary of $60,828, which is higher than the $45,788 average annual salary of a business reporter.
The top three skills for a business reporter include news stories, business news and real estate. The most important skills for a journalist are news stories, multimedia, and story development.
| Business Reporter | Journalist | |
| Yearly salary | $45,788 | $60,828 |
| Hourly rate | $22.01 | $29.24 |
| Growth rate | -10% | -10% |
| Number of jobs | 54,760 | 11,488 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| Years of experience | 2 | 2 |
A business reporter typically writes articles with regards to breaking news making readers get informed about the industry's current changes and major events. Business reporters gather and analyze facts with regards to events that are newsworthy. They collect information through investigation, research, observation, or interview. Generally, they write and report stories for news magazines, television, newspaper, or radio. It is part of their job to establish innovative ideas for writing news that is associated with a business.
A journalist is responsible for creating written correspondence, covering various subjects as the management requires. This task involves a lot of research investigations, conducting interviews, and gathering reliable sources to verify the authenticity of data before releasing the articles on news portals and other social platforms. Journalists should have excellent communication skills, both written and oral, conveying information to the target audience with high accuracy and efficiency. They analyze opinions and testimonies, create eye-catching headlines, and ensure adherence to deadlines.
Business reporters and journalists have different pay scales, as shown below.
| Business Reporter | Journalist | |
| Average salary | $45,788 | $60,828 |
| Salary range | Between $28,000 And $73,000 | Between $38,000 And $95,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | The New York Times Company | Bloomberg |
| Best paying industry | Media | Finance |
There are a few differences between a business reporter and a journalist in terms of educational background:
| Business Reporter | Journalist | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 74% |
| Most common major | Journalism | Journalism |
| Most common college | Massachusetts Institute of Technology | Massachusetts Institute of Technology |
Here are the differences between business reporters' and journalists' demographics:
| Business Reporter | Journalist | |
| Average age | 40 | 40 |
| Gender ratio | Male, 54.1% Female, 45.9% | Male, 46.6% Female, 53.4% |
| Race ratio | Black or African American, 6.3% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 9.5% White, 67.3% American Indian and Alaska Native, 0.3% | Black or African American, 6.4% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 9.6% White, 66.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |