Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

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
Aug.
2024
Sep.
2024
Oct.
2024
Nov.
2024

Employment (in thousands)

Employment, all employees (seasonally adjusted)

513.3 514.0 (p)513.7 (p)513.6

Employment, production and nonsupervisory employees

395.1 396.7 (p)401.3  

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2023

Customer service representatives

19,840

Laborers and freight, stock, and material movers, hand

15,980

Office clerks, general

16,720

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

130,340

Sales representatives, wholesale and manufacturing, technical and scientific products

18,720

(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
Jul.
2024
Aug.
2024
Sep.
2024
Oct.
2024

Average hourly earnings

$46.04 $45.17 $45.57 (p)$44.52

Average weekly hours

37.8 37.9 38.2 (p)38.1

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Jul.
2024
Aug.
2024
Sep.
2024
Oct.
2024

Average hourly earnings

$36.93 $35.83 $36.25 (p)$35.47

Average weekly hours

37.5 38.1 38.0 (p)38.4

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2023
Hourly Annual
Median Mean Median Mean

Customer service representatives

22.72 24.23 47,270 50,400

Laborers and freight, stock, and material movers, hand

17.75 18.29 36,920 38,040

Office clerks, general

20.36 21.16 42,350 44,010

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

36.86 43.86 76,660 91,220

Sales representatives, wholesale and manufacturing, technical and scientific products

50.61 54.64 105,270 113,650

(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 2023

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

0.3

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 Back
data
3rd quarter
2023
4th quarter
2023
1st quarter
2024
2nd quarter
2024

Number of establishments

Private industry

122,232 121,374 (p)118,302 (p)118,346

Local government

4 4 (p)4 (p)4

Federal government

    (p)1 (p)1

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

This section presents productivity and related data for the industry, presented as the percent change from the previous year. Measures of labor productivity, or output per hour, compare the growth in output to the growth in hours worked. Growth in unit labor costs represent the annual change in the labor cost of producing one unit of output.

Data series Back
data
2020 2021 2022 2023

Labor productivity, output per hour

5.4 -12.0 -7.8 1.5

Hours worked

-5.4 3.3 0.7 1.9

Output

-0.2 -9.1 -7.2 3.5

Unit labor costs

-0.4 18.9 17.7 -1.3

(Source: Productivity)

 

Data extracted on: December 06, 2024