Securities, commodities, funds, trusts & other financial investments

Industry Group

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Workforce

8.75M

2019 BLS Estimate

Average Employee Age

43.6

Estimated Job Growth

0.616%

10-Year Projection

Average Salary

$144,145

Average Male Salary

$178,416

Average Female Salary

$176,680

About

The top three occupations in the Securities, commodities, funds, trusts & other financial investments Industry Group are Personal financial advisors, Securities, commodities, & financial services sales agents, Financial managers, Financial analysts, and Other managers. On average, full-time employees in the Securities, commodities, funds, trusts & other financial investments Industry Group work 45.5 hours per week and have an average annual salary of $151,343. Part-time employees in the same industry work 21.9 hours and earn an average annual salary of $59,109.

The locations with the highest concentration of employees in the Securities, commodities, funds, trusts & other financial investments Industry Group are Battery Park City, Greenwich Village & Soho PUMA, NY, Chelsea, Clinton & Midtown Business District PUMA, NY, and Murray Hill, Gramercy & Stuyvesant Town PUMA, NY. The industry that purchases the most products or services from the Hospitals Industry Group is Securities, commodities, funds, trusts & other financial investments.

Photo by Ken Teegardin

Workforce

A snapshot of jobs, wages, and opportunities in the Securities, commodities, funds, trusts & other financial investments Industry Group. Personal financial advisors are the most common position, but the Securities, commodities, funds, trusts & other financial investments Industry Group employs a relatively high number of Personal financial advisors, compared to other industries.

The highest average salary in Securities, commodities, funds, trusts & other financial investments goes to Electrical & electronics engineers.

Monthly Employment

Showing data for the Financial Activities industry sector.

Start Year

Y-Axis

1.67%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 8.56M people employed in the Financial Activities industry. This represents a 1.67% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Financial Activities over time (non-seasonally adjusted).

Occupations by Share

8.75M

Workforce (BLS Estimate)

ACS Estimate: 1.16M

3.24%

1 Year Growth

± 3.14%

The Bureau of Labor Statistics estimates that there were 8.75M people employed in the Securities, commodities, funds, trusts & other financial investments Industry Group in 2019.

According to ACS estimates, the number of people employed in the Securities, commodities, funds, trusts & other financial investments Industry Group has been growing at a rate of 3.24%, , from 1.12M people in 2019 to 1.16M people in 2020.

The following graphic shows the share of employment in Securities, commodities, funds, trusts & other financial investments by various occupations according to ACS estimates. Personal financial advisors represent the largest share of positions held in Securities, commodities, funds, trusts & other financial investments at 18.5%, followed by Securities, commodities, & financial services sales agents with 10.5% and Financial managers with 6.16%.

Most Common

The most common occupations in the Securities, commodities, funds, trusts & other financial investments Industry Group, by number of employees, are Personal financial advisors, Securities, commodities, & financial services sales agents, Financial managers, Financial analysts, and Other managers.

Most Specialized

Compared to other Industry Groups, Securities, commodities, funds, trusts & other financial investments employs an unusually high number of Personal financial advisors, Securities, commodities, & financial services sales agents, and Financial analysts.

Highest Paid

The highest paid occupations in Securities, commodities, funds, trusts & other financial investments, by average wage, are Electrical & electronics engineers, Lawyers, & judges, magistrates, & other judicial workers, and Architectural & engineering managers.

Average Salary

$144,145

AVERAGE WAGE

± $3,532

On average, employees in the Securities, commodities, funds, trusts & other financial investments Industry Group make $144,145 per year. This number makes Securities, commodities, funds, trusts & other financial investments the 3 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Securities, commodities, funds, trusts & other financial investments Industry Group.

Wage Distribution

0.475

WAGE GINI

Securities, commodities, funds, trusts & other financial investments has a wage GINI of 0.475, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Securities, commodities, funds, trusts & other financial investments (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Securities, commodities, funds, trusts & other financial investments Industry Group.

These are locations that employ more people in the Securities, commodities, funds, trusts & other financial investments Industry Group than expected given both the size of that location's overall labor pool and the national size of the Securities, commodities, funds, trusts & other financial investments Industry Group.

Diversity

Demographic information on the Securities, commodities, funds, trusts & other financial investments Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $178,416 and $176,680. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

475k

FEMALE WORKFORCE

±16.9k

681k

MALE WORKFORCE

±20.2k

58.9% of workers in the Securities, commodities, funds, trusts & other financial investments Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Securities, commodities, funds, trusts & other financial investments Industry Group.

Wage by Sex in Common Jobs

$178,416

AVERAGE MALE SALARY

±$5,171

$176,680

AVERAGE FEMALE SALARY

±$5,210

On average, Male workers in the Securities, commodities, funds, trusts & other financial investments Industry Group make 1.01 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Securities, commodities, funds, trusts & other financial investments Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Two or More Races

On average, Asian employees in the Securities, commodities, funds, trusts & other financial investments Industry Group earn 1.05 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 Securities, commodities, funds, trusts & other financial investments Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Securities, commodities, funds, trusts & other financial investments Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Securities, commodities, funds, trusts & other financial investments Industry Group, and the largest industry purchasing services from the Securities, commodities, funds, trusts & other financial investments Industry Group is Finance, insurance, real estate, rental, and leasing.

In this flow diagram, 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 Securities, commodities, funds, trusts & other financial investments is from Finance & Insurance, and Real Estate, Rental & Leasing.

Intermediate Inputs

The closest comparable data for Securities, commodities, funds, trusts & other financial investments is from Finance & Insurance, and Real Estate, Rental & Leasing.

HIGHEST INPUT INDUSTRY

The Securities, commodities, funds, trusts & other financial investments Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Securities, commodities, funds, trusts & other financial investments is from Finance & Insurance, and Real Estate, Rental & Leasing.

LARGEST PURCHASING INDUSTRY

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Securities, commodities, funds, trusts & other financial investments Industry Group in order to produce other goods and services. Purchases of the Securities, commodities, funds, trusts & other financial investments Industry Group for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Finance and Insurance and Real Estate and Rental and Leasing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Finance and Insurance and Real Estate and Rental and Leasing industry has a lower projected workforce growth at 0.616%. Its projected 10-year growth in output (17.4%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Finance and Insurance and Real Estate and Rental and Leasing.

0.616%

Estimated Job Growth

10-year Projection

7.66%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Finance and Insurance and Real Estate and Rental and Leasing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Finance and Insurance and Real Estate and Rental and Leasing.

17.4%

Estimate Growth

10-year Projection

This line chart shows the projected 10-year growth in output of the Finance and Insurance and Real Estate and Rental and Leasing industry.