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Industries at a Glance
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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
Mar.
2020
Apr.
2020
May
2020
Jun.
2020

Employment (in thousands)

Employment, all employees (seasonally adjusted)

530.1 498.1 (p)496.8 (p)498.8

Employment, production and nonsupervisory employees

407.8 378.4 (p)369.3  

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2019

Customer service representatives

23,630

Laborers and freight, stock, and material movers, hand

19,800

Office clerks, general

21,650

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

137,330

Sales representatives, wholesale and manufacturing, technical and scientific products

23,820

(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

Data series Back
data
Feb.
2020
Mar.
2020
Apr.
2020
May
2020

Average hourly earnings

$39.35 $39.08 $40.05 (p)$41.14

Average weekly hours

39.0 38.7 37.1 (p)37.2

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Feb.
2020
Mar.
2020
Apr.
2020
May
2020

Average hourly earnings

$32.44 $32.12 $33.28 (p)$35.47

Average weekly hours

38.2 38.0 36.7 (p)36.9

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2019
Hourly Annual
Median Mean Median Mean

Customer service representatives

19.28 20.79 40,100 43,230

Laborers and freight, stock, and material movers, hand

14.98 16.06 31,150 33,410

Office clerks, general

16.32 17.83 33,940 37,090

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

32.48 39.64 67,560 82,460

Sales representatives, wholesale and manufacturing, technical and scientific products

44.06 48.63 91,650 101,140

(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 2015 2016 2017 2018

Fatalities

Number of fatalities

3   1 4

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
1st quarter
2019
2nd quarter
2019
3rd quarter
2019
4th quarter
2019

Number of establishments

Private industry

(p)147,802 (p)146,558 (p)145,572 (p)145,188

Local government

(p)2 (p)2 (p)2 (p)2

Federal government

       

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2016 2017 2018 2019

Labor productivity index, output per hour

111.875 107.448 100.781 106.467

Percent change from previous year

3.5 -4.0 -6.2 5.6

Labor index, total labor hours

106.113 107.972 104.084 99.884

Percent change from previous year

-2.1 1.8 -3.6 -4.0

Output index

118.714 116.014 104.897 106.343

Percent change from previous year

1.4 -2.3 -9.6 1.4

Unit labor costs index

115.174 120.350 126.167 126.392

Percent change from previous year

-1.6 4.5 4.8 0.2

(Source: Productivity and Costs)

 

Data extracted on: July 31, 2020