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	Oct. 2020	Nov. 2020	Dec. 2020	Jan. 2021
Employment (in thousands)
Employment, all employees (seasonally adjusted)		477.3	479.8	(p)480.7	(p)480.7
Employment, production and nonsupervisory employees		361.2	360.8	(p)362.7
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	Sep. 2020	Oct. 2020	Nov. 2020	Dec. 2020
Average hourly earnings		$41.14	$41.45	$41.79	(p)$41.37
Average weekly hours		38.0	38.2	39.2	(p)38.6
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	Sep. 2020	Oct. 2020	Nov. 2020	Dec. 2020
Average hourly earnings		$35.54	$35.34	$35.44	(p)$34.74
Average weekly hours		38.1	37.9	39.1	(p)38.6
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	2016	2017	2018	2019
Fatalities
Number of fatalities		1	4	3
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 2019	4th quarter 2019	1st quarter 2020	2nd quarter 2020
Number of establishments
Private industry		145,173	144,326	(p)140,332	(p)139,756
Local government		2	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: February 24, 2021