Electronic auctions

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Workforce

12.8k

2017 ACS Estimate

Average Employee Age

39.9

Estimated Job Growth

N/A%

10-Year Projection

Average Salary

$63,643

Average Male Salary

$75,697

Average Female Salary

$47,736

About

Workforce

Diversity

Input/Output

Projections

About

The top three occupations in the Electronic auctions Industry Group are Firstline supervisors of retail sales workers, Laborers & freight, stock, & material movers, hand, Stock clerks & order fillers, Software developers, applications & systems software, and Customer service representatives. On average, full-time employees in the Electronic auctions Industry Group work 42.1 hours per week and have an average annual salary of $77,811. Part-time employees in the same industry work 23.5 hours and earn an average annual salary of $13,958.

The locations with the highest concentration of employees in the Electronic auctions Industry Group are N/A. The industry that purchases the most products or services from the Hospitals Industry Group is Electronic auctions.

Photo by paul bica

Retail Trade

Workforce

A snapshot of jobs, wages, and opportunities in the Electronic auctions Industry Group. Firstline supervisors of retail sales workers are the most common position, but the Electronic auctions Industry Group employs a relatively high number of Correspondence clerks & order clerks, compared to other industries. 

The highest average salary in Electronic auctions goes to Software developers, applications & systems software.

Occupations

Occupations by Share

12.8k

Workforce (ACS Estimate)

± 2.78k

-9.59%

1 Year Growth

± 33.1%

According to ACS estimates, the number of people employed in the Electronic auctions Industry Group has been declining at a rate of -9.59%, , from 14.2k people in 2016 to 12.8k people in 2017.

The following graphic shows the share of employment in Electronic auctions by various occupations according to ACS estimates. Firstline supervisors of retail sales workers represent the largest share of positions held in Electronic auctions at 10.2%, followed by Laborers & freight, stock, & material movers, hand with 9.38% and Stock clerks & order fillers with 6.8%.

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Most Common

The most common occupations in the Electronic auctions Industry Group, by number of employees, are Firstline supervisors of retail sales workers, Laborers & freight, stock, & material movers, hand, Stock clerks & order fillers, Software developers, applications & systems software, and Customer service representatives.

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Most Specialized

Compared to other Industry Groups, Electronic auctions employs an unusually high number of Correspondence clerks & order clerks, Other Sales Workers, and Photographers.

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Highest Paid

The highest paid occupations in Electronic auctions, by average wage, are Software developers, applications & systems software, Firstline supervisors of retail sales workers, and Customer service representatives.

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Wages

Average Salary

$63,643

AVERAGE WAGE

± $15,418

On average, employees in the Electronic auctions Industry Group make $63,643 per year. This number makes Electronic auctions the 69 highest paying Industry Group in the United States out of a total of 266 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

  1. Fremont City (East) PUMA, CA

  2. San Jose City (Central) PUMA, CA

  3. West Piedmont Planning District Commission PUMA, VA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Electronic auctions Industry Group.

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Wage Distribution

0.564

WAGE GINI

Electronic auctions has a wage GINI of 0.564, which is more than than the national average of 0.479. In other words, wages are distributed less evenly in Electronic auctions (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 Electronic auctions Industry Group.

These are locations that employ more people in the Electronic auctions Industry Group than expected given both the size of that location's overall labor pool and the national size of the Electronic auctions Industry Group.

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Diversity

Demographic information on the Electronic auctions Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $75,697 and $47,736. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

5.52k

FEMALE WORKFORCE

±1.82k

7.28k

MALE WORKFORCE

±2.09k

56.9% of workers in the Electronic auctions Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Electronic auctions Industry Group.

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Wage by Gender in Common Jobs

$75,697

AVERAGE MALE SALARY

±$22,527

$47,736

AVERAGE FEMALE SALARY

±$18,625

On average, Male workers in the Electronic auctions Industry Group make 1.59 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Electronic auctions Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. Asian

  2. White

  3. Black

On average, Asian employees in the Electronic auctions Industry Group earn 1.74 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 Electronic auctions Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Electronic auctions 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. Professional and business services has the highest single input, by dollars, to the Electronic auctions Industry Group, and the largest industry purchasing services from the Electronic auctions Industry Group is Construction.

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 Electronic auctions is from Retail Trade.

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Intermediate Inputs

HIGHEST INPUT INDUSTRY

  1. Professional and business services

  2. Transportation and warehousing

  3. Manufacturing

The Electronic auctions 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

LARGEST PURCHASING INDUSTRY

  1. Construction

  2. Manufacturing

  3. Transportation and warehousing

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

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Projections

Growth projections of the Electronic auctions Industry Group, 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 Electronic auctions Industry Group has a lower projected workforce growth at N/A%. Its projected 10-year growth in output (N/A%) is lower than the projected national growth in output (24.6%).

Job Growth

N/A%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Electronic auctions Industry Group, which is lower than the national average of 8.13%.

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Output Growth

N/A%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Electronic auctions Industry Group, which is lower than the national average of 24.6%

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