Not specified retail trade

Industry Group

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Workforce Population
501k
2023
Average Employee Age
40.2
2023
Estimated Job Growth
−2.34%
10-Year Projection
Average Salary
$48,449
2023
Average Male Salary
$58,989
2023
Average Female Salary
$39,025
2023

About

The top three occupations in the Not specified retail trade Industry Group are retail salespersons, firstline supervisors of retail sales workers, and cashiers. On average, full-time employees in the Not specified retail trade Industry Group work 42.7 hours per week and have an average annual salary of $61,764. Part-time employees in the same industry work 21.3 hours and earn an average annual salary of $17,587.

The workforce of Not specified retail trade Industry Group in 2023 was 500,797 people, with 52.8% woman, and 47.2% men.

In 2023, 58.9% of the workforce in the Not specified retail trade Industry Group was White (295,107 people), of which 52.3% were women and 47.7% men.

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Not specified retail trade Industry Group.

The workforce in Not specified retail trade Industry Group was 500,797 people and is concentrated in California (69,272 workers). The average annual salary was $48,449, being $19,278 less than the national average salary, which was $67,727.

Monthly Employment

Showing data for the Trade, Transportation, and Utilities industry sector.
Start Year
Y-Axis
0.946%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 28.9M people employed in the Trade, Transportation, and Utilities industry. This represents a 0.946% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Trade, Transportation, and Utilities over time (non-seasonally adjusted).

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Employment by Location

The states that concentrated the largest workforce in 2023 were California (69.3k), Texas (47.5k), and Florida (41.2k).

This map shows the states in the United States shaded by workforce for Not specified retail trade Industry Group.

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Yearly Wage Ranking

In 2023, Not specified retail trade Industry Group had an average annual wage of $48,449, $19,278 less than the average national salary of $67,727.

The graph shows the position of Not specified retail trade Industry Group in the ranking of industries by average annual wage.

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Wage Distribution

0.514
WAGE GINI

Not specified retail trade has a wage GINI of 0.514, which is more than than the national average of 0.476. In other words, wages are distributed less evenly in Not specified retail trade (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Not specified retail trade Industry Group workers compared to the entire workforce in the country.

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Occupations

A review of jobs and wages in the Not specified retail trade Industry Group.

Retail salespersons are the most common position with 151,057 workers, but the Not specified retail trade Industry Group employs a relatively high number of Firstline supervisors of retail sales workers and Cashiers.

The highest average salary in Not specified retail trade goes to Other engineering technologists and technicians, except drafters.

Occupations Distribution

The graph shows the distribution of employees in the Not specified retail trade Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were retail salespersons (151,057 people), firstline supervisors of retail sales workers (83,811 people), and cashiers (47,585 people)

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Wage by Sex in Common Jobs

$58,989
AVERAGE MALE SALARY
±$3,871
$39,025
AVERAGE FEMALE SALARY
±$2,515

On average, Male workers in the Not specified retail trade Industry Group make 1.51 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Not specified retail trade Industry Group.

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Business

Estimates of the sources of the costs and the purchasers of the products in the Not specified retail trade 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.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Not specified retail trade Industry Group.

The Not specified retail trade Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.

California and Texas stand out as the states with the largest number of establishments in the Not specified retail trade Industry Group.

Industrial Flow

The closest comparable data for Not specified retail trade is from Retail Trade.

Professional and business services has the highest single input, by dollars, to the Not specified retail trade Industry Group, and the largest industry purchasing services from the Not specified retail trade Industry Group is Construction.

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.

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Intermediate Inputs

The closest comparable data for Not specified retail trade is from Retail Trade.
HIGHEST INPUT INDUSTRY
  1. Professional and business services
  2. Transportation and warehousing
  3. Finance, insurance, real estate, rental, and leasing

The Not specified retail trade Industry Group 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 closest comparable data for Not specified retail trade is from Retail Trade.
LARGEST PURCHASING INDUSTRY
  1. Construction
  2. Manufacturing
  3. Transportation and warehousing

The Construction Industry purchases the greatest share of products and services from the Not specified retail trade Industry Group in order to produce other goods and services. Purchases of the Not specified retail trade Industry Group for final consumption by consumers, businesses, or government are not included here.

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Establishments

States with more establishments in 2022
  1. California
    107,053
  2. Texas
    83,788
  3. Florida
    75,743

The charts shows the distribution of establishments in the Not specified retail trade industry by states and the number of establishments according to size.

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Diversity

Demographic information on the Not specified retail trade Industry Group in the US.

Of the total workforce, 52.8% corresponds to women and 47.2% men. Male employees tend to earn more than Female employees, with average respective salaries of $58,989 and $39,025.

77.3% of workers have a high school or equivalent, some college or bachelors degree.

Gender and Age

264,394
Women
52.8%
236,403
Men
47.2%

The workforce of Not specified retail trade industry in 2023 was 500,797 people, with 52.8% woman, and 47.2% men.

The visualization shows the distribution of the workforce by gender and age in Not specified retail trade industry.

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Races

In 2023, 58.9% of the workforce in the Not specified retail trade industry was White (295,107 people), of which 52.3% were women and 47.7% men.

Other races that concentrated a significant number of workers were Black and Two or More Races.

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Educational Levels

The main educational levels achieved by the Not specified retail trade workers in 2023 were high school or equivalent (162,209 people), some college (130,700 people), and bachelors degree (94,165 people).

The chart shows the Not specified retail trade workforce by gender and educational level.

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Projections

Growth projections of the Retail Trade industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow −2.34% in the next ten years. The Retail Trade industry has a lower projected workforce growth at −2.34%. Its projected 10-year growth in output (30.8%) is lower than the projected national growth in output (30.8%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Retail Trade.
−2.34%
Estimated Job Growth
10-year Projection
−2.34%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Retail Trade. This industry is expected to grow approximately the same than −2.34%, the average rate of national job growth.

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Output Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Retail Trade.
30.8%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Retail Trade industry.

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