Wholesale Electronic Markets and Agents and Brokers: NAICS 425

About the Wholesale Electronic Markets and Agents and Brokers subsector

The wholesale electronic markets and agents and brokers subsector is part of the wholesale trade sector.

Industries in the Wholesale Electronic Markets and Agents and Brokers subsector arrange for the sale of goods owned by others, generally on a fee or commission basis. They act on behalf of the buyers and sellers of goods. This subsector contains agents and brokers as well as business to business electronic markets that facilitate wholesale trade.

North American Industry Classification System

The wholesale electronic markets and agents and brokers subsector consists of a single industry group, Wholesale Electronic Markets and Agents and Brokers: NAICS 4251.

Workforce Statistics

This section provides information relating to employment in wholesale electronic markets and agents and brokers. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.

Employment

Data series Back
data
Apr.
2014
May
2014
Jun.
2014
Jul.
2014

Employment (in thousands)

 

Employment, all employees (seasonally adjusted)

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909.4 912.1 (P) 913.8 (P) 915.2

Employment, production and nonsupervisory employees

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716.8 720.4 (P) 727.6  

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2013

Customer service representatives

35,970

Laborers and freight, stock, and material movers, hand

26,330

Office clerks, general

35,210

Sales representatives, wholesale and manufacturing, except technical and scientific products

251,610

Sales representatives, wholesale and manufacturing, technical and scientific products

56,630

(Source: Occupational Employment Statistics)

Projections

For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for wholesale electronic markets and agents and brokers.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in wholesale electronic markets and agents and brokers.

Earnings and Hours of All Employees

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data
Mar.
2014
Apr.
2014
May
2014
Jun.
2014

Average hourly earnings

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$37.16 $37.89 $37.17 (P) $37.40

Average weekly hours

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38.5 37.1 37.2 (P) 38.2

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

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data
Mar.
2014
Apr.
2014
May
2014
Jun.
2014

Average hourly earnings

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$31.35 $31.74 $31.15 (P) $31.74

Average weekly hours

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38.0 36.7 36.7 (P) 37.8

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2013
Hourly Annual
Median Mean Median Mean

Customer service representatives

$17.05 $18.12 $35,460 $37,680

Laborers and freight, stock, and material movers, hand

$12.24 $13.07 $25,450 $27,180

Office clerks, general

$13.79 $14.79 $28,680 $30,760

Sales representatives, wholesale and manufacturing, except technical and scientific products

$29.63 $35.84 $61,640 $74,540

Sales representatives, wholesale and manufacturing, technical and scientific products

$40.71 $47.29 $84,680 $98,370

(Source: Occupational Employment Statistics)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in wholesale electronic markets and agents and brokers. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series 2009 2010 2011 2012

Fatalities

 

Number of fatalities

8 7 4 5

Rate of injury and illness cases per 100 full-time workers

 

Total recordable cases

  2.0 1.9 1.7

Cases involving days away from work, job restriction, or transfer

  1.0 1.0 0.8

Cases involving days away from work

  0.7 0.6 0.4

Cases involving days of job transfer or restriction

  0.3    

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Prices

This section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction.

Data series Back
data
Apr.
2014
May
2014
Jun.
2014
Jul.
2014

Producer price index

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(P) 129.4 (P) 139.2 (P) 138.3 (P) 139.0

Percent change from previous month

  (P) -3.2% (P) 7.6% (P) -0.6% (P) 0.5%

Footnotes
(P) Preliminary

(Source: Producer Price Indexes)

Workplace Trends

This section presents data on the number of establishments in wholesale electronic markets and agents and brokers. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry.

Establishments

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data
1st quarter
2013
2nd quarter
2013
3rd quarter
2013
4th quarter
2013

Number of establishments

 

Private industry

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(P) 230,671 (P) 232,276 (P) 233,915 (P) 234,219

Local government

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(P) 6 (P) 6 (P) 6 (P) 5

Federal government

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Footnotes
(P) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2010 2011 2012 2013

Labor productivity index, output per hour

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85.355 82.146 85.045 86.932

Percent change from previous year

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3.3 -3.8 3.5 2.2

Labor index, total labor hours

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133.616 144.170 146.528 150.011

Percent change from previous year

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-0.1 7.9 1.6 2.4

Output index

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114.047 118.430 124.615 130.407

Percent change from previous year

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3.2 3.8 5.2 4.6

Unit labor costs index

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158.561 166.151 167.981 167.052

Percent change from previous year

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2.5 4.8 1.1 -0.6

(Source: Productivity and Costs)

Other BLS Resources

Career Guide to Industries

To learn about careers from an industry perspective, see the Career Guide to Industries.

 

Data extracted on: August 27, 2014