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
Dec.
2016
Jan.
2017
Feb.
2017
Mar.
2017

Employment (in thousands)

Employment, all employees (seasonally adjusted)

902.8 903.8 (p)906.4 (p)900.9

Employment, production and nonsupervisory employees

698.4 688.4 (p)695.8  

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
Nov.
2016
Dec.
2016
Jan.
2017
Feb.
2017

Average hourly earnings

$40.31 $40.01 $40.68 (p)$40.27

Average weekly hours

37.3 37.1 38.0 (p)37.3

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Nov.
2016
Dec.
2016
Jan.
2017
Feb.
2017

Average hourly earnings

$33.07 $32.92 $33.66 (p)$33.15

Average weekly hours

36.9 36.8 37.7 (p)37.0

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
Dec.
2016
Jan.
2017
Feb.
2017
Mar.
2017

Producer price index

(p)137.9 (p)140.0 (p)137.5 (p)139.9

Percent change from previous month

  (p)-0.1% (p)1.5% (p)-1.8% (p)1.7%

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
4th quarter
2015
1st quarter
2016
2nd quarter
2016
3rd quarter
2016

Number of establishments

Private industry

229,692 (p)224,561 (p)224,801 (p)224,795

Local government

5 (p)4 (p)4 (p)3

Federal government

1 (p)1 (p)1  

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2012 2013 2014 2015

Labor productivity index, output per hour

85.078 90.313 95.115 95.652

Percent change from previous year

0.9 6.2 5.3 0.6

Labor index, total labor hours

107.115 108.772 109.851 111.422

Percent change from previous year

1.4 1.5 1.0 1.4

Output index

91.131 98.234 104.485 106.578

Percent change from previous year

2.4 7.8 6.4 2.0

Unit labor costs index

133.053 128.571 127.264 131.088

Percent change from previous year

3.9 -3.4 -1.0 3.0

(Source: Productivity and Costs)

 

Data extracted on: April 28, 2017