Rental and Leasing Services: NAICS 532
About the Rental and Leasing Services subsector
The rental and leasing services subsector is part of the real estate and rental and leasing sector.
Industries in the Rental and Leasing Services subsector include establishments that provide a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment.
The subsector includes two main types of establishments: (1) those that are engaged in renting consumer goods and equipment and (2) those that are engaged in leasing machinery and equipment often used for business operations.
North American Industry Classification System
The rental and leasing services subsector consists of these industry groups:
- Automotive Equipment Rental and Leasing: NAICS 5321
- Consumer Goods Rental: NAICS 5322
- General Rental Centers: NAICS 5323
- Commercial and Industrial Machinery and Equipment Rental and Leasing: NAICS 5324
Workforce Statistics
This section provides information relating to employment and unemployment in rental and leasing services.
While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households.
The following tables present an overview of the industry including
the number of jobs,
the unemployment rate of those previously employed in the industry,
mass layoffs,
data for occupations common to the industry,
and projections of occupational employment change.
Employment, Unemployment, and Layoffs
(Source: Current Employment Statistics, Current Population Survey, Mass Layoff Statistics)
Extended Mass Layoffs
(Source: Mass Layoff Statistics)
Employment by Occupation
(Source: Occupational Employment Statistics)
Projections
For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for rental and leasing services.
(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 rental and leasing services.
Earnings and Hours of All Employees
(Source: Current Employment Statistics)
Earnings and Hours of Production and Nonsupervisory Employees
(Source: Current Employment Statistics)
Earnings by Occupation
| Data series |
Wages, 2012 |
| Hourly |
Annual |
| Median |
Mean |
Median |
Mean |
Cleaners of vehicles and equipment |
$9.46 |
$10.51 |
$19,680 |
$21,860 |
Counter and rental clerks |
$11.24 |
$12.54 |
$23,380 |
$26,080 |
First-line supervisors/managers of retail sales workers |
$18.45 |
$20.02 |
$38,380 |
$41,650 |
Retail salespersons |
$11.12 |
$13.43 |
$23,130 |
$27,930 |
Truck drivers, light or delivery services |
$12.52 |
$13.40 |
$26,040 |
$27,870 |
(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 rental and leasing services. 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.
(Source: Injuries, Illnesses, and Fatalities)
Workplace Trends
This section presents data on the number of establishments in rental and leasing services.
Establishments
(Source: Quarterly Census of Employment and Wages)
Other BLS Resources
Career Guide to Industries
To learn about careers from an industry perspective, see the Career Guide to Industries.
Data extracted on:
June 18, 2013
