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	Mar. 2017	Apr. 2017	May 2017	Jun. 2017
Employment (in thousands)
Employment, all employees (seasonally adjusted)		901.8	902.0	(p)904.0	(p)908.1
Employment, production and nonsupervisory employees		691.5	692.9	(p)697.5
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series	Employment, 2016
Customer service representatives	38,330
Laborers and freight, stock, and material movers, hand	26,790
Office clerks, general	33,880
Sales representatives, wholesale and manufacturing, except technical and scientific products	242,450
Sales representatives, wholesale and manufacturing, technical and scientific products	51,130

(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. 2017	Mar. 2017	Apr. 2017	May 2017
Average hourly earnings		$40.30	$39.86	$41.13	(p)$40.04
Average weekly hours		37.3	37.1	37.9	(p)37.4
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	Feb. 2017	Mar. 2017	Apr. 2017	May 2017
Average hourly earnings		$33.32	$33.03	$34.02	(p)$32.72
Average weekly hours		37.0	36.7	37.5	(p)37.2
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series	Wages, 2016
	Hourly		Annual
	Median	Mean	Median	Mean
Customer service representatives	18.48	19.78	38,440	41,150
Laborers and freight, stock, and material movers, hand	13.31	14.09	27,690	29,300
Office clerks, general	14.97	16.61	31,140	34,540
Sales representatives, wholesale and manufacturing, except technical and scientific products	31.08	37.66	64,640	78,330
Sales representatives, wholesale and manufacturing, technical and scientific products	40.36	48.01	83,950	99,860

(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	2012	2013	2014	2015
Fatalities
Number of fatalities	5	3		3
Blank cells indicate no data reported or data that do not meet publication criteria.

Data series	2015
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	2.0
Cases involving days away from work, job restriction, or transfer	1.2
Cases involving days away from work	0.7
Cases involving days of job transfer or restriction	0.6
Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Prices

This section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction.

Data series	Back data	Mar. 2017	Apr. 2017	May 2017	Jun. 2017
Producer price index		(p)139.9	(p)143.7	(p)147.4	(p)138.1
Percent change from previous month		(p)8.4%	(p)2.7%	(p)2.6%	(p)-6.3%
Footnotes (p) Preliminary

(Source: Producer Price Indexes)

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 2016	2nd quarter 2016	3rd quarter 2016	4th quarter 2016
Number of establishments
Private industry		(p)224,354	(p)224,403	(p)223,879	(p)224,270
Local government		(p)4	(p)4	(p)3	(p)3
Federal government		(p)1	(p)1
Footnotes (p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series	Back data	2013	2014	2015	2016
Labor productivity index, output per hour		90.313	95.115	96.266
Percent change from previous year		6.2	5.3	1.2
Labor index, total labor hours		108.772	109.851	110.713	108.386
Percent change from previous year		1.5	1.0	0.8	-2.1
Output index		98.234	104.485	106.578
Percent change from previous year		7.8	6.4	2.0
Unit labor costs index		128.571	127.264	131.138
Percent change from previous year		-3.4	-1.0	3.0

(Source: Productivity and Costs)

 

Data extracted on: July 21, 2017