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.

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	Jun. 2021	Jul. 2021	Aug. 2021	Sep. 2021
Employment (in thousands)
Employment, all employees (seasonally adjusted)		475.6	477.9	(p)478.0	(p)477.6
Employment, production and nonsupervisory employees		358.7	363.2	(p)362.9
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	May 2021	Jun. 2021	Jul. 2021	Aug. 2021
Average hourly earnings		$42.38	$40.72	$41.24	(p)$41.69
Average weekly hours		39.6	39.2	38.6	(p)39.8
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	May 2021	Jun. 2021	Jul. 2021	Aug. 2021
Average hourly earnings		$35.37	$34.54	$35.23	(p)$35.23
Average weekly hours		39.1	38.8	38.4	(p)40.0
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: October 22, 2021