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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
Jul.
2021
Aug.
2021
Sep.
2021
Oct.
2021

Employment (in thousands)

Employment, all employees (seasonally adjusted)

477.9 478.5 (p)477.9 (p)478.4

Employment, production and nonsupervisory employees

363.2 362.9 (p)364.7  

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2020

Customer service representatives

23,710

Laborers and freight, stock, and material movers, hand

19,230

Office clerks, general

19,950

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

129,030

Sales representatives, wholesale and manufacturing, technical and scientific products

21,280

(Source: Occupational Employment and Wage 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

Data series Back
data
Jun.
2021
Jul.
2021
Aug.
2021
Sep.
2021

Average hourly earnings

$40.72 $41.24 $41.71 (p)$41.58

Average weekly hours

39.2 38.6 39.7 (p)38.2

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Jun.
2021
Jul.
2021
Aug.
2021
Sep.
2021

Average hourly earnings

$34.54 $35.23 $35.15 (p)$34.95

Average weekly hours

38.8 38.4 40.0 (p)38.8

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2020
Hourly Annual
Median Mean Median Mean

Customer service representatives

19.61 21.15 40,800 44,000

Laborers and freight, stock, and material movers, hand

15.87 16.92 33,000 35,200

Office clerks, general

17.29 18.72 35,950 38,950

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

33.63 40.57 69,950 84,390

Sales representatives, wholesale and manufacturing, technical and scientific products

44.59 49.97 92,740 103,940

(Source: Occupational Employment and Wage 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 2016 2017 2018 2019

Fatalities

Number of fatalities

  1 4 3

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

Data series 2018

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

Total recordable cases

1.4

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

0.8

Cases involving days away from work

0.4

Cases involving days of job transfer or restriction

0.4

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

(Source: Injuries, Illnesses, and Fatalities)

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

Data series Back
data
2nd quarter
2020
3rd quarter
2020
4th quarter
2020
1st quarter
2021

Number of establishments

Private industry

138,417 138,081 137,877 (p)135,438

Local government

2 1 1 (p)1

Federal government

       

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2017 2018 2019 2020

Labor productivity index, output per hour

125.083 129.263 133.566 127.287

Percent change from previous year

1.6 3.3 3.3 -4.7

Labor index, total labor hours

107.978 104.090 98.491 94.981

Percent change from previous year

1.8 -3.6 -5.4 -3.6

Output index

135.062 134.549 131.551 120.899

Percent change from previous year

3.4 -0.4 -2.2 -8.1

Unit labor costs index

103.376 98.362 102.158 110.830

Percent change from previous year

-1.3 -4.9 3.9 8.5

(Source: Productivity and Costs)

 

Data extracted on: November 23, 2021