Wholesale Trade

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Workforce

5.87M

2016 BLS Estimate

Average Employee Age

44

Estimated Job Growth

0.2%

10-Year Projection

Average Salary

$62,718

Average Male Salary

$67,236

Average Female Salary

$51,981

About

The top three occupations in the Wholesale Trade Industry Group are Sales representatives, wholesale & manufacturing, Firstline supervisors of nonretail sales workers, Driver/sales workers & truck drivers, Laborers & freight, stock, & material movers, hand, and Stock clerks & order fillers. On average, full-time employees in the Wholesale Trade Industry Sub-Sector work 44.8 hours per week and have an average annual salary of $66,600. Part-time employees in the same industry work 22.2 hours and earn an average annual salary of $25,307.

The locations with the highest concentration of employees in the Wholesale Trade Industry Sub-Sector are Hialeah City (North Central) PUMA, FL, Palatine & Barrington Townships PUMA, IL, and Carson City PUMA, CA. The industry that purchases the most products or services from the Hospitals Industry Group is Wholesale Trade.

Workforce

A snapshot of jobs, wages, and opportunities in the Wholesale Trade Industry Sub-Sector. Sales representatives, wholesale & manufacturing are the most common position, but the Wholesale Trade Industry Sub-Sector employs a relatively high number of Buyers & purchasing agents, farm products, compared to other industries. 

The highest average salary in Wholesale Trade goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations

Occupations by Share

5.87M

Workforce (BLS Estimate)

ACS Estimate: 3.87M

-0.843%

1 Year Growth

± 1.75%

The Bureau of Labor Statistics estimates that there were 5.87M people employed in the Wholesale Trade Industry Sub-Sector in 2016.

According to ACS estimates, the number of people employed in the Wholesale Trade Industry Sub-Sector has been declining at a rate of -0.843%, , from 3.9M people in 2016 to 3.87M people in 2017.

The following graphic shows the share of employment in Wholesale Trade by various occupations according to ACS estimates. Sales representatives, wholesale & manufacturing represent the largest share of positions held in Wholesale Trade at 19.8%, followed by Firstline supervisors of nonretail sales workers with 12.2% and Driver/sales workers & truck drivers with 8.35%.

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Wages

Average Salary

$62,718

AVERAGE WAGE

± $854

On average, employees in the Wholesale Trade Industry Sub-Sector make $62,718 per year. This number makes Wholesale Trade the 5 highest paying Industry Sub-Sector in the United States out of a total of 21 Industry Sub-Sectors.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Wholesale Trade Industry Sub-Sector.

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Wage Distribution

0.444

WAGE GINI

Wholesale Trade has a wage GINI of 0.444, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Wholesale Trade (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Wholesale Trade Industry Sub-Sector.

These are locations that employ more people in the Wholesale Trade Industry Sub-Sector than expected given both the size of that location's overall labor pool and the national size of the Wholesale Trade Industry Sub-Sector.

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Diversity

Demographic information on the Wholesale Trade Industry Sub-Sector in the US. Male employees tend to earn more than Female employees, with average respective salaries of $67,236 and $51,981. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

1.15M

FEMALE WORKFORCE

±26.2k

2.72M

MALE WORKFORCE

±40.1k

70.4% of workers in the Wholesale Trade Industry Sub-Sector are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Wholesale Trade Industry Sub-Sector.

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Wage by Gender in Common Jobs

$67,236

AVERAGE MALE SALARY

±$1,078

$51,981

AVERAGE FEMALE SALARY

±$1,292

On average, Male workers in the Wholesale Trade Industry Sub-Sector make 1.29 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Wholesale Trade Industry Sub-Sector.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. White

  2. Asian

  3. American Indian and Alaska Native tribes specified; or American Indian or Alaska Native, not specified and no other races

On average, White employees in the Wholesale Trade Industry Sub-Sector earn 1.07 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Wholesale Trade Industry Sub-Sector.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Wholesale Trade Industry Sub-Sector. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Professional and business services has the highest single input, by dollars, to the Wholesale Trade Industry Sub-Sector, and the largest industry purchasing services from the Wholesale Trade Industry Sub-Sector is Manufacturing.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Wholesale Trade is from Wholesale Trade.

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Intermediate Inputs

The Wholesale Trade Industry Sub-Sector gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The Manufacturing Industry purchases the greatest share of products and services from the Wholesale Trade Industry Sub-Sector in order to produce other goods and services. Purchases of the Wholesale Trade Industry Sub-Sector for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Wholesale Trade Industry Sub-Sector, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 8.13% in the next ten years. The Wholesale Trade Industry Sub-Sector has a lower projected workforce growth at 0.2%. Its projected 10-year growth in output (2.6%) is lower than the projected national growth in output (24.6%).

Job Growth

0.2%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in the number of jobs for the Wholesale Trade Industry Sub-Sector.

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Output Growth

2.6%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in output of the Wholesale Trade Industry Sub-Sector.

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