Occupational Employment Statistics

Occupational Employment and Wages, May 2012

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)
61,870 2.9 % $21.34 $44,390 0.7 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $13.64 $16.44 $20.40 $25.48 $30.51
Annual Wage (2) $28,370 $34,200 $42,440 $52,990 $63,460


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 41,390 9.14 $21.22 $44,140
Other Financial Investment Activities 6,590 1.85 $21.90 $45,550
Depository Credit Intermediation 5,210 0.30 $21.58 $44,890
Management of Companies and Enterprises 2,450 0.12 $20.23 $42,080
Other Investment Pools and Funds 1,540 3.82 $22.32 $46,420

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 41,390 9.14 $21.22 $44,140
Other Investment Pools and Funds 1,540 3.82 $22.32 $46,420
Other Financial Investment Activities 6,590 1.85 $21.90 $45,550
Depository Credit Intermediation 5,210 0.30 $21.58 $44,890
Insurance and Employee Benefit Funds 80 0.18 $23.95 $49,810

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Local Government (OES Designation) 90 (7) $24.59 $51,140
Insurance and Employee Benefit Funds 80 0.18 $23.95 $49,810
Securities and Commodity Exchanges (8) (8) $23.94 $49,790
Agencies, Brokerages, and Other Insurance Related Activities 560 0.06 $23.79 $49,470
Freight Transportation Arrangement (8) (8) $23.42 $48,710


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 9,260 1.08 2.28 $22.69 $47,200
Florida 4,600 0.63 1.33 $18.78 $39,060
New Jersey 4,350 1.15 2.41 $23.90 $49,710
Texas 3,950 0.37 0.79 $21.12 $43,920
California 3,940 0.28 0.58 $23.54 $48,960




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 4,350 1.15 2.41 $23.90 $49,710
New York 9,260 1.08 2.28 $22.69 $47,200
Connecticut 1,600 0.99 2.08 $28.51 $59,290
Missouri 1,980 0.76 1.60 $18.40 $38,270
Minnesota 1,850 0.70 1.47 $21.11 $43,900




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 1,600 0.99 2.08 $28.51 $59,290
District of Columbia 90 0.13 0.28 $28.05 $58,330
Alaska 110 0.34 0.72 $23.91 $49,740
New Jersey 4,350 1.15 2.41 $23.90 $49,710
California 3,940 0.28 0.58 $23.54 $48,960





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 9,780 1.90 4.00 $23.64 $49,180
Chicago-Joliet-Naperville, IL Metropolitan Division 3,150 0.87 1.82 $20.69 $43,040
Philadelphia, PA Metropolitan Division 2,010 1.10 2.33 $22.99 $47,820
Minneapolis-St. Paul-Bloomington, MN-WI 1,650 0.94 1.99 $20.90 $43,470
Boston-Cambridge-Quincy, MA NECTA Division 1,500 0.88 1.85 $22.92 $47,670
Cincinnati-Middletown, OH-KY-IN 1,380 1.41 2.97 $20.20 $42,020
Bridgeport-Stamford-Norwalk, CT 1,320 3.19 6.72 $29.19 $60,720
Phoenix-Mesa-Glendale, AZ 1,250 0.72 1.52 $21.21 $44,120
Dallas-Plano-Irving, TX Metropolitan Division 1,200 0.57 1.21 $21.46 $44,640
St. Louis, MO-IL 1,120 0.88 1.85 $19.27 $40,080




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 1,320 3.19 6.72 $29.19 $60,720
New York-White Plains-Wayne, NY-NJ Metropolitan Division 9,780 1.90 4.00 $23.64 $49,180
Durham-Chapel Hill, NC 460 1.69 3.57 $19.36 $40,260
Cincinnati-Middletown, OH-KY-IN 1,380 1.41 2.97 $20.20 $42,020
West Palm Beach-Boca Raton-Boynton Beach, FL Metropolitan Division 680 1.34 2.82 $17.93 $37,280
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 1,100 1.10 2.32 $24.96 $51,920
Philadelphia, PA Metropolitan Division 2,010 1.10 2.33 $22.99 $47,820
Richmond, VA 630 1.05 2.22 $17.36 $36,110
Miami-Miami Beach-Kendall, FL Metropolitan Division 990 1.00 2.10 $18.49 $38,460
Fort Wayne, IN 190 0.97 2.05 $14.40 $29,950




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 1,320 3.19 6.72 $29.19 $60,720
Hartford-West Hartford-East Hartford, CT 190 0.34 0.71 $27.08 $56,340
Madison, WI 60 0.19 0.40 $25.25 $52,520
San Jose-Sunnyvale-Santa Clara, CA 110 0.12 0.25 $25.10 $52,210
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 1,100 1.10 2.32 $24.96 $51,920
Edison-New Brunswick, NJ Metropolitan Division 610 0.63 1.32 $24.84 $51,660
Buffalo-Niagara Falls, NY (8) (8) (8) $24.75 $51,490
San Diego-Carlsbad-San Marcos, CA 400 0.32 0.67 $24.58 $51,130
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 1,080 0.28 0.59 $24.33 $50,610
Trenton-Ewing, NJ 170 0.80 1.69 $24.23 $50,400

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)
West Central Illinois nonmetropolitan area 90 0.52 1.10 $15.26 $31,740
Southeast Iowa nonmetropolitan area 80 0.38 0.80 $15.65 $32,550
Other North Carolina nonmetropolitan area 30 0.12 0.25 $21.97 $45,700
West Kentucky nonmetropolitan area 30 0.23 0.49 $15.22 $31,650
Low Country South Carolina nonmetropolitan area 30 0.30 0.63 $18.47 $38,410

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)
West Central Illinois nonmetropolitan area 90 0.52 1.10 $15.26 $31,740
Southeast Iowa nonmetropolitan area 80 0.38 0.80 $15.65 $32,550
Low Country South Carolina nonmetropolitan area 30 0.30 0.63 $18.47 $38,410
West Kentucky nonmetropolitan area 30 0.23 0.49 $15.22 $31,650
Western Central North Carolina nonmetropolitan area 30 0.13 0.27 $15.99 $33,250

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)
Other North Carolina nonmetropolitan area 30 0.12 0.25 $21.97 $45,700
Low Country South Carolina nonmetropolitan area 30 0.30 0.63 $18.47 $38,410
Northeastern Nebraska nonmetropolitan area (8) (8) (8) $16.96 $35,280
Other Ohio nonmetropolitan area (8) (8) (8) $16.09 $33,470
Western Central North Carolina nonmetropolitan area 30 0.13 0.27 $15.99 $33,250


About May 2012 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.

(7) The value is less than .005 percent of industry employment.

(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 2012 National Occupational Employment and Wage Estimates

May 2012 State Occupational Employment and Wage Estimates

May 2012 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2012 National Industry-Specific Occupational Employment and Wage Estimates

May 2012 Occupation Profiles

Technical Notes

Last Modified Date: March 29, 2013

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