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, mass layoffs, data for occupations common to the industry, and projections of occupational employment change.

Employment and Layoffs

Data series	Back data	Jan. 2012	Feb. 2012	Mar. 2012	Apr. 2012
Employment (in thousands)
Employment, all employees (seasonally adjusted)		849.2	850.8	(P) 852.5	(P) 855.7
Employment, production and nonsupervisory employees		668.1	670.6	(P) 677.1
Layoffs
Mass layoff events		3	(1) -	3	7
Initial claimants for unemployment benefits		251	(1) -	209	751
Footnotes (1) Data do not meet BLS or state agency disclosure standards. (P) Preliminary

(Source: Current Employment Statistics, Mass Layoff Statistics)

Extended Mass Layoffs

Data series	Back data	2nd quarter 2011	3rd quarter 2011	4th quarter 2011	1st quarter 2012
Extended mass layoff events		(1) -	4	(P) 4	(1) (P) -
Separations		(1) -	458	(P) 381	(1) (P) -
Initial claimants		(1) -	508	(P) 316	(1) (P) -
Footnotes (1) Data do not meet BLS or state agency disclosure standards. (P) Preliminary

(Source: Mass Layoff Statistics)

Employment by Occupation

Data series	Employment, 2011
Customer service representatives	32,840
Laborers and freight, stock, and material movers, hand	26,740
Office clerks, general	32,480
Sales representatives, wholesale and manufacturing, except technical and scientific products	237,700
Sales representatives, wholesale and manufacturing, technical and scientific products	63,060

(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	Dec. 2011	Jan. 2012	Feb. 2012	Mar. 2012
Average hourly earnings		$34.03	$34.01	$33.71	(P) $33.25
Average weekly hours		37.6	38.6	37.5	(P) 37.7
Footnotes (P) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	Dec. 2011	Jan. 2012	Feb. 2012	Mar. 2012
Average hourly earnings		$29.23	$30.04	$29.80	(P) $29.52
Average weekly hours		37.6	38.3	38.0	(P) 37.6
Footnotes (P) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series	Wages, 2011
	Hourly		Annual
	Median	Mean	Median	Mean
Customer service representatives	$17.16	$18.27	$35,700	$38,000
Laborers and freight, stock, and material movers, hand	$11.80	$12.68	$24,540	$26,370
Office clerks, general	$13.20	$13.85	$27,460	$28,810
Sales representatives, wholesale and manufacturing, except technical and scientific products	$28.82	$34.50	$59,950	$71,770
Sales representatives, wholesale and manufacturing, technical and scientific products	$39.71	$45.60	$82,590	$94,840

(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	2007	2008	2009	2010
Fatalities
Number of fatalities	8	11	8	7
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	1.8	1.9		2.0
Cases involving days away from work, job restriction, or transfer	0.9	1.0		1.0
Cases involving days away from work	0.6	0.6		0.7
Cases involving days of job transfer or restriction	0.3	0.4		0.3

(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	Jan. 2012	Feb. 2012	Mar. 2012	Apr. 2012
Producer price index		(P) 125.1	(P) 125.1	(P) 129.8	(P) 129.4
Percent change from previous month		(P) 0.3%	(P) 0.0%	(P) 3.8%	(P) -0.3%
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 2010	1st quarter 2011	2nd quarter 2011	3rd quarter 2011
Number of establishments
Private industry		229,991	(P) 229,116	(P) 230,381	(P) 231,843
Local government		7	(P) 7	(P) 7	(P) 6
Federal government		1
Footnotes (P) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series	Back data	2007	2008	2009	2010
Labor productivity index, output per hour		87.067	83.537	82.706	90.317
Percent change from previous year		2.0	-4.1	-1.0	9.2
Labor index, total labor hours		139.506	141.796	135.631	134.793
Percent change from previous year		2.0	1.6	-4.3	-0.6
Output index		121.464	118.452	112.176	121.741
Percent change from previous year		4.0	-2.5	-5.3	8.5
Unit labor costs index		142.036	152.257	152.249	148.453
Percent change from previous year		7.6	7.2	0.0	-2.5

(Source: Productivity and Costs)

Other BLS Resources

Career Guide to Industries

To learn about careers from an industry perspective, see the Career Guide to Industries.

 

Data extracted on: May 22, 2012