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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	May 2023	Jun. 2023	Jul. 2023	Aug. 2023
Employment (in thousands)
Employment, all employees (seasonally adjusted)	524.2	523.3	(p)526.8	(p)529.7
Employment, production and nonsupervisory employees	398.4	397.8	(p)401.0
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation


Data series	Employment, 2022
Customer service representatives	19,880
Laborers and freight, stock, and material movers, hand	16,050
Office clerks, general	15,290
Sales representatives, wholesale and manufacturing, except technical and scientific products	137,390
Sales representatives, wholesale and manufacturing, technical and scientific products	17,530

(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	Apr. 2023	May 2023	Jun. 2023	Jul. 2023
Average hourly earnings	$46.99	$46.34	$45.89	(p)$46.70
Average weekly hours	38.8	37.9	38.3	(p)39.0
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees


Data series	Apr. 2023	May 2023	Jun. 2023	Jul. 2023
Average hourly earnings	$38.41	$37.65	$37.70	(p)$38.45
Average weekly hours	38.2	37.7	38.3	(p)38.7
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation


Data series	Wages, 2022
	Hourly		Annual
	Median	Mean	Median	Mean
Customer service representatives	22.45	23.76	46,690	49,410
Laborers and freight, stock, and material movers, hand	16.37	17.32	34,050	36,020
Office clerks, general	19.38	20.74	40,310	43,140
Sales representatives, wholesale and manufacturing, except technical and scientific products	36.00	41.71	74,870	86,750
Sales representatives, wholesale and manufacturing, technical and scientific products	48.07	54.55	99,990	113,460

(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	2017	2018	2019	2020
Fatalities
Number of fatalities	1	4	3	3
Blank cells indicate no data reported or data that do not meet publication criteria.


Data series	2021
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	0.7
Cases involving days away from work, job restriction, or transfer	0.4
Cases involving days away from work	0.2
Cases involving days of job transfer or restriction	0.1
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	2nd quarter 2022	3rd quarter 2022	4th quarter 2022	1st quarter 2023
Number of establishments
Private industry	129,499	129,320	129,035	(p)125,134
Local government	4	4	4	(p)4
Federal government
Footnotes (p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity


Data series	2019	2020	2021	2022
Labor productivity index, output per hour	143.958	151.669	132.626	128.189
Percent change from previous year	6.6	5.4	-12.6	-3.3
Labor index, total labor hours	93.518	88.506	91.358	92.624
Percent change from previous year	-3.4	-5.4	3.2	1.4
Output index	134.626	134.236	121.165	118.734
Percent change from previous year	3.0	-0.3	-9.7	-2.0
Unit labor costs index	83.826	83.589	100.053	114.932
Percent change from previous year	-1.4	-0.3	19.7	14.9

(Source: Productivity and Costs)

Data extracted on: September 27, 2023

Wholesale Electronic Markets and Agents and Brokers: NAICS 425

On This Page

About the Wholesale Electronic Markets and Agents and Brokers subsector

Workforce Statistics

Employment

Employment by Occupation

Projections

Earnings and Hours

Earnings and Hours of All Employees

Earnings and Hours of Production and Nonsupervisory Employees

Earnings by Occupation

Work-related Fatalities, Injuries, and Illnesses

Workplace Trends

Establishments

Productivity