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	Sep. 2019	Oct. 2019	Nov. 2019	Dec. 2019
Employment (in thousands)
Employment, all employees (seasonally adjusted)		552.3	557.0	(p)557.3	(p)557.9
Employment, production and nonsupervisory employees		429.2	432.5	(p)432.0
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series	Employment, 2018
Customer service representatives	24,040
Laborers and freight, stock, and material movers, hand	18,760
Office clerks, general	20,810
Sales representatives, wholesale and manufacturing, except technical and scientific products	143,910
Sales representatives, wholesale and manufacturing, technical and scientific products	27,580

(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	Aug. 2019	Sep. 2019	Oct. 2019	Nov. 2019
Average hourly earnings		$39.20	$39.80	$39.30	(p)$39.72
Average weekly hours		37.6	38.4	37.6	(p)37.8
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	Aug. 2019	Sep. 2019	Oct. 2019	Nov. 2019
Average hourly earnings		$32.58	$33.26	$32.99	(p)$33.23
Average weekly hours		36.9	37.6	36.4	(p)36.6
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series	Wages, 2018
	Hourly		Annual
	Median	Mean	Median	Mean
Customer service representatives	18.86	20.22	39,230	42,060
Laborers and freight, stock, and material movers, hand	14.30	15.20	29,740	31,620
Office clerks, general	16.23	17.63	33,770	36,670
Sales representatives, wholesale and manufacturing, except technical and scientific products	32.01	38.60	66,580	80,290
Sales representatives, wholesale and manufacturing, technical and scientific products	43.15	49.23	89,760	102,400

(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	3rd quarter 2018	4th quarter 2018	1st quarter 2019	2nd quarter 2019
Number of establishments
Private industry		153,666	153,758	(p)148,356	(p)147,575
Local government		2	2	(p)2	(p)2
Federal government		1
Footnotes (p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series	Back data	2015	2016	2017	2018
Labor productivity index, output per hour		108.051	110.650	102.458	107.751
Percent change from previous year		11.1	2.4	-7.4	5.2
Labor index, total labor hours		108.340	106.113	107.972	105.359
Percent change from previous year		0.8	-2.1	1.8	-2.4
Output index		117.063	117.414	110.626	113.525
Percent change from previous year		12.0	0.3	-5.8	2.6
Unit labor costs index		117.101	116.449	126.212	116.558
Percent change from previous year		-6.3	-0.6	8.4	-7.6

(Source: Productivity and Costs)

 

Data extracted on: January 17, 2020