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The credit intermediation and related activities subsector is part of the finance and insurance sector.
Industries in the Credit Intermediation and Related Activities subsector group establishments that (1) lend funds raised from depositors; (2) lend funds raised from credit market borrowing; or (3) facilitate the lending of funds or issuance of credit by engaging in such activities as mortgage and loan brokerage, clearinghouse and reserve services, and check cashing services.
North American Industry Classification System
The credit intermediation and related activities subsector consists of these industry groups:
This section provides information relating to employment in credit intermediation and related activities. 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.
Data series | Back data |
Jun. 2024 |
Jul. 2024 |
Aug. 2024 |
Sep. 2024 |
---|---|---|---|---|---|
Employment (in thousands) |
|||||
Employment, all employees (seasonally adjusted) |
2,584.5 | 2,578.9 | (p)2,578.4 | (p)2,576.3 | |
1,922.2 | 1,925.3 | (p)1,915.3 | |||
Footnotes |
(Source: Current Employment Statistics)
Data series | Employment, 2023 |
---|---|
173,890 | |
130,420 | |
162,390 | |
264,690 | |
330,100 |
(Source: Occupational Employment and Wage Statistics)
For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for credit intermediation and related activities.
(Source: Office of Occupational Statistics and Employment Projections)
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 credit intermediation and related activities. This section also contains information on the average cost of benefits paid by employers, as well as recent rates of change in wages and total compensation.
Data series | Back data |
May 2024 |
Jun. 2024 |
Jul. 2024 |
Aug. 2024 |
---|---|---|---|---|---|
$46.30 | $46.81 | $46.47 | (p)$47.47 | ||
38.0 | 39.3 | 37.7 | (p)38.0 | ||
Footnotes |
(Source: Current Employment Statistics)
Data series | Back data |
May 2024 |
Jun. 2024 |
Jul. 2024 |
Aug. 2024 |
---|---|---|---|---|---|
$32.09 | $32.04 | $31.91 | (p)$32.42 | ||
37.8 | 38.8 | 37.9 | (p)38.2 | ||
Footnotes |
(Source: Current Employment Statistics)
Data series | Wages, 2023 | |||
---|---|---|---|---|
Hourly | Annual | |||
Median | Mean | Median | Mean | |
22.05 | 22.21 | 45,870 | 46,200 | |
61.30 | 72.08 | 127,500 | 149,930 | |
22.75 | 23.33 | 47,320 | 48,520 | |
32.16 | 39.75 | 66,900 | 82,670 | |
18.08 | 18.66 | 37,600 | 38,810 |
(Source: Occupational Employment and Wage Statistics)
This section presents data on the incidence (the percentage of workers with access to and participation in employer-provided benefit plans) and provisions of selected employee benefits from the National Compensation Survey. More Benefits estimates are also accessible from the Benefits database, the archived NCS publications page, and the complete Employee Benefits Excel dataset (XLSX).
Data series | Access | Participation | ||
---|---|---|---|---|
Back data |
2024 | Back data |
2024 | |
Private industry |
||||
98 | 90 | |||
49 | 21 | |||
97 | 88 |
(Source: Employee Benefits in the United States)
Data series | After 1 year of service | After 20 years of service | ||
---|---|---|---|---|
Back data |
2024 | Back data |
2024 | |
Mean number of vacation days for private industry workers without consolidated leave plans |
14 | 20 |
(Source: Employee Benefits in the United States)
Data series | Back data |
2024 |
---|---|---|
Percent of private industry workers with access to employer-sponsored benefits |
||
97 | ||
98 | ||
98 |
(Source: Employee Benefits in the United States)
Data series | Back data |
4th quarter 2023 |
1st quarter 2024 |
2nd quarter 2024 |
3rd quarter 2024 |
---|---|---|---|---|---|
Private industry |
|||||
12-month percent change |
|||||
4.2% | 4.4% | 4.4% | 3.1% | ||
4.4% | 4.7% | 4.2% | 2.2% | ||
3-month percent change |
|||||
0.1% | 1.7% | 1.3% | 0.1% | ||
0.2% | 1.2% | 1.2% | -0.3% |
(Source: Compensation Cost Trends)
Data series | Private industry | |||
---|---|---|---|---|
Compensation component ($ per hour worked) |
Percent of total compensation | |||
Back data |
2nd quarter 2024 | Back data |
2nd quarter 2024 | |
61.68 | 100.0 | |||
40.14 | 65.1 | |||
21.54 | 34.9 | |||
5.72 | 9.3 | |||
2.41 | 3.9 | |||
6.00 | 9.7 |
(Source: Compensation Cost Trends)
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 credit intermediation and related activities. 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 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Fatalities |
||||
9 | 9 | 9 | 6 | |
Blank cells indicate no data reported or data that do not meet publication criteria. |
Data series | 2022 |
---|---|
Rate of injury and illness cases per 100 full-time workers |
|
0.4 | |
Cases involving days away from work, job restriction, or transfer |
0.2 |
0.1 | |
(1)0.0 | |
Footnotes |
|
Blank cells indicate no data reported or data that do not meet publication criteria. |
(Source: Injuries, Illnesses, and Fatalities)
This section presents data on the number of establishments in credit intermediation and related activities.
Data series | Back data |
2nd quarter 2023 |
3rd quarter 2023 |
4th quarter 2023 |
1st quarter 2024 |
---|---|---|---|---|---|
Number of establishments |
|||||
195,526 | 195,852 | 195,069 | (p)196,037 | ||
47 | 47 | 50 | (p)50 | ||
22 | 32 | 32 | (p)32 | ||
646 | 647 | 638 | (p)642 | ||
Footnotes |
(Source: Quarterly Census of Employment and Wages)
Data extracted on: October 31, 2024