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Real Estate and Rental and Leasing: NAICS 53On This PageAbout the Real Estate and Rental and Leasing sectorThe real estate and rental and leasing sector is part of the financial activities supersector. The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and it was felt that from a production basis they would best be included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). North American Industry Classification System The real estate and rental and leasing sector consists of these subsectors:
Workforce StatisticsThis section provides information relating to employment and unemployment in real estate and rental and leasing. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. The following tables present an overview of the industry including the number of jobs, the unemployment rate of those previously employed in the industry, job openings and labor turnover, union membership and representation, data for occupations common to the industry, and projections of occupational employment change. Employment, Unemployment, and Openings, Hires, and Separations
(Source: Current Employment Statistics, Current Population Survey, Job Openings and Labor Turnover Survey) Union Membership and Representation
(Source: Current Population Survey) Employment by Occupation
(Source: Occupational Employment and Wage Statistics) ProjectionsFor projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for real estate and rental and leasing. (Source: Office of Occupational Statistics and Employment Projections) EarningsWeekly earnings by union membership status are shown. Recent hourly and annual earnings for occupations commonly found in educational services. 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. Earnings by Occupation
(Source: Occupational Employment and Wage Statistics) Employee BenefitsThis 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).
(Source: Employee Benefits in the United States)
(Source: Employee Benefits in the United States)
(Source: Employee Benefits in the United States) Employer Compensation Costs
(Source: Compensation Cost Trends)
(Source: Compensation Cost Trends) Union Membership and Representation
(Source: Current Population Survey) Work-related Fatalities, Injuries, and IllnessesThis 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 real estate and rental and leasing. 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.
(Source: Injuries, Illnesses, and Fatalities) Workplace TrendsThis section presents data on the number of establishments in real estate and rental and leasing. Establishments
(Source: Quarterly Census of Employment and Wages)
Data extracted on: May 20, 2022 |