Occupational Employment Statistics

Occupational Employment and Wages, May 2011

43-4011 Brokerage Clerks

Perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
60,720 2.5 % $21.06 $43,800 0.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $13.40 $16.21 $20.08 $24.84 $29.79
Annual Wage (2) $27,870 $33,710 $41,760 $51,660 $61,970


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 40,230 8.69 $20.95 $43,580
Other Financial Investment Activities 7,430 2.17 $21.97 $45,700
Depository Credit Intermediation 5,180 0.30 $20.86 $43,380
Management of Companies and Enterprises 2,560 0.13 $20.00 $41,610
Other Investment Pools and Funds 1,180 3.01 $22.07 $45,910

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 40,230 8.69 $20.95 $43,580
Securities and Commodity Exchanges 310 4.25 $21.76 $45,260
Other Investment Pools and Funds 1,180 3.01 $22.07 $45,910
Other Financial Investment Activities 7,430 2.17 $21.97 $45,700
Depository Credit Intermediation 5,180 0.30 $20.86 $43,380

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance and Employee Benefit Funds 70 0.16 $24.60 $51,180
Office Administrative Services 40 0.01 $24.49 $50,950
Nondepository Credit Intermediation 500 0.09 $24.47 $50,890
Other Investment Pools and Funds 1,180 3.01 $22.07 $45,910
Other Financial Investment Activities 7,430 2.17 $21.97 $45,700


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 10,020 1.19 2.51 $22.52 $46,830
New Jersey 4,850 1.29 2.72 $24.38 $50,720
Florida 4,120 0.58 1.22 $18.44 $38,350
California 3,600 0.26 0.54 $23.18 $48,210
Illinois 3,460 0.62 1.31 $20.02 $41,650




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New Jersey 4,850 1.29 2.72 $24.38 $50,720
New York 10,020 1.19 2.51 $22.52 $46,830
Connecticut 1,880 1.17 2.47 $29.32 $60,990
Massachusetts 2,880 0.91 1.93 $22.26 $46,310
Missouri 2,300 0.89 1.88 $18.30 $38,060




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 1,880 1.17 2.47 $29.32 $60,990
New Jersey 4,850 1.29 2.72 $24.38 $50,720
California 3,600 0.26 0.54 $23.18 $48,210
North Dakota 30 0.09 0.19 $22.80 $47,430
New York 10,020 1.19 2.51 $22.52 $46,830





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 11,010 2.18 4.60 $23.61 $49,120
Chicago-Joliet-Naperville, IL Metropolitan Division 3,110 0.87 1.83 $20.32 $42,270
Boston-Cambridge-Quincy, MA NECTA Division 2,610 1.56 3.29 $22.40 $46,600
Philadelphia, PA Metropolitan Division 2,190 1.20 2.54 $21.35 $44,420
Minneapolis-St. Paul-Bloomington, MN-WI 1,690 0.99 2.09 $21.14 $43,960
Bridgeport-Stamford-Norwalk, CT 1,530 3.73 7.89 $31.18 $64,860
St. Louis, MO-IL 1,420 1.12 2.37 $19.01 $39,530
Atlanta-Sandy Springs-Marietta, GA 980 0.44 0.93 $18.85 $39,200
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 960 0.25 0.53 $23.61 $49,100
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 960 1.00 2.11 $25.53 $53,100




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 1,530 3.73 7.89 $31.18 $64,860
New York-White Plains-Wayne, NY-NJ Metropolitan Division 11,010 2.18 4.60 $23.61 $49,120
Trenton-Ewing, NJ 460 2.12 4.48 $26.54 $55,210
Boston-Cambridge-Quincy, MA NECTA Division 2,610 1.56 3.29 $22.40 $46,600
Durham-Chapel Hill, NC 330 1.25 2.64 $18.68 $38,860
Philadelphia, PA Metropolitan Division 2,190 1.20 2.54 $21.35 $44,420
West Palm Beach-Boca Raton-Boynton Beach, FL Metropolitan Division 580 1.18 2.49 $18.13 $37,700
St. Louis, MO-IL 1,420 1.12 2.37 $19.01 $39,530
Naples-Marco Island, FL 120 1.08 2.28 $19.25 $40,040
Milwaukee-Waukesha-West Allis, WI 860 1.07 2.26 $19.43 $40,410




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 1,530 3.73 7.89 $31.18 $64,860
Trenton-Ewing, NJ 460 2.12 4.48 $26.54 $55,210
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 960 1.00 2.11 $25.53 $53,100
San Jose-Sunnyvale-Santa Clara, CA 140 0.16 0.34 $24.84 $51,670
Albany-Schenectady-Troy, NY (8) (8) (8) $24.62 $51,210
Peabody, MA NECTA Division 30 0.32 0.68 $24.57 $51,100
New York-White Plains-Wayne, NY-NJ Metropolitan Division 11,010 2.18 4.60 $23.61 $49,120
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 960 0.25 0.53 $23.61 $49,100
Edison-New Brunswick, NJ Metropolitan Division 500 0.52 1.09 $23.58 $49,050
Newark-Union, NJ-PA Metropolitan Division 910 0.96 2.03 $23.45 $48,780

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southeast Minnesota nonmetropolitan area 40 0.26 0.55 $21.00 $43,680
Western Central North Carolina nonmetropolitan area 40 0.16 0.34 $15.66 $32,580
West Central Illinois nonmetropolitan area 40 0.21 0.45 $16.16 $33,600
Low Country South Carolina nonmetropolitan area 40 0.34 0.71 $17.27 $35,920
Central Nebraska nonmetropolitan area 30 0.34 0.72 $14.72 $30,620

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Low Country South Carolina nonmetropolitan area 40 0.34 0.71 $17.27 $35,920
Central Nebraska nonmetropolitan area 30 0.34 0.72 $14.72 $30,620
Southeast Minnesota nonmetropolitan area 40 0.26 0.55 $21.00 $43,680
West Central Illinois nonmetropolitan area 40 0.21 0.45 $16.16 $33,600
Northeastern North Carolina nonmetropolitan area 30 0.19 0.39 $18.02 $37,490

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northern Vermont nonmetropolitan area (8) (8) (8) $22.23 $46,240
Southeast Minnesota nonmetropolitan area 40 0.26 0.55 $21.00 $43,680
Northwest Minnesota nonmetropolitan area (8) (8) (8) $20.83 $43,330
Northeastern North Carolina nonmetropolitan area 30 0.19 0.39 $18.02 $37,490
Low Country South Carolina nonmetropolitan area 40 0.34 0.71 $17.27 $35,920


About May 2011 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2011 National Occupational Employment and Wage Estimates

May 2011 State Occupational Employment and Wage Estimates

May 2011 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2011 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2011 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

Last Modified Date: March 27, 2012

Recommend this page using: