Credit authorizers, checkers, & clerks

Detailed Occupation

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2020 Workforce

40.1k

Average Age

41.7

Estimated Job Growth

−4.83%

10-year projection

Average Salary

$55,265

Average Male Salary

$79,808

Average Female Salary

$45,899

About

Credit authorizers, checkers, & clerks are most often employed by the Banking & related activities industry. The average yearly wage for Credit authorizers, checkers, & clerks was $55,265 in 2016. The top 3 most similar occupations to Credit authorizers, checkers, & clerks by wage are Supervisors of transportation & material moving workers, Media and communication workers, all other, and Graphic designers.

Credit authorizers, checkers, & clerks are part of the Office & Administrative Support Occupations, along with Firstline supervisors of office & administrative support workers, Switchboard operators, including answering service, Telephone operators, Communications equipment operators, all other, Bill & account collectors, and 45 more.

The top 3 locations that employ the most Credit authorizers, checkers, & clerks are Roanoke Valley-Alleghany Regional Commission (Roanoke, Salem Cities & Vinton Town) PUMA, VA, Des Moines City PUMA, IA, and Draper (Northwest) & Sandy (South) Cities PUMA, UT. The top 3 locations with a relatively high concentration of Credit authorizers, checkers, & clerks are Roanoke Valley-Alleghany Regional Commission (Roanoke, Salem Cities & Vinton Town) PUMA, VA, Brown, Lyon, Redwood, Chippewa, Yellow Medicine, Lac qui Parle & Lincoln Counties PUMA, MN, and Draper (Northwest) & Sandy (South) Cities PUMA, UT.

Employment

Information on the businesses and industries that employ Credit authorizers, checkers, & clerks and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Credit authorizers, checkers, & clerks, both by share and by number, though the highest paid industry for Credit authorizers, checkers, & clerks, by average wage, is Grocery & related product merchant wholesalers. Credit authorizers, checkers, & clerks are paid most in Fulton County (Northeast)Johns Creek City PUMA, GA but are relatively concentrated in Roanoke Valley-Alleghany Regional Commission (Roanoke, Salem Cities & Vinton Town) PUMA, VA.

Yearly Wage

$55,265

AVERAGE SALARY

± $7,431

In 2020, Credit authorizers, checkers, & clerks earned an average of $55,265, $689 less than than the average national salary of $55,954.

Media and communication workers, all other make somewhat more than Credit authorizers, checkers, & clerks while Supervisors of transportation & material moving workers make somewhat less. This chart shows the various occupations closest to Credit authorizers, checkers, & clerks as measured by average annual salary in the US.

Wage Distribution

0.385

WAGE GINI

In 2015, Credit authorizers, checkers, & clerks had a wage GINI coefficient of 0.385, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Credit authorizers, checkers, & clerks (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Credit authorizers, checkers, & clerks.

Spatial Concentration

PUMAs with a Relatively High Concentration of Credit authorizers, checkers, & clerks

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Credit authorizers, checkers, & clerks.

Most Common

The most common industries employing Credit authorizers, checkers, & clerks, by number of employees, are Banking & related activities, Nondepository credit & related activities, Savings institutions, including credit unions , Business support services, Securities, commodities, funds, trusts & other financial investments, General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Car Dealers, Insurance carriers, Administration of economic programs & space research, Agencies, brokerages, and other insurance related activities, and Colleges, universities & professional schools, including junior colleges.

Highest Paying

The highest paying industries for Credit authorizers, checkers, & clerks, by average wage, are Grocery & related product merchant wholesalers, Securities, commodities, funds, trusts & other financial investments, and Construction.

Industries by Share

40.1k

2020 Workforce

± 4,916

−3.63%

1 YEAR GROWTH

± 17.8%

The number of people employed as Credit authorizers, checkers, & clerks has been declining at a rate of −3.63%, from 41,625 people in 2019 to 40,112 people in 2020.

This graphic shows the share of Credit authorizers, checkers, & clerks employed by various industries. Banking & related activities employs the largest share of Credit authorizers, checkers, & clerks at 36.2%, followed by Nondepository credit & related activities with 23.6% and Savings institutions, including credit unions with 7.36%.

Diversity

Demographic information on Credit authorizers, checkers, & clerks in the US. The average age of male Credit authorizers, checkers, & clerks in the workforce is 39.7 and of female Credit authorizers, checkers, & clerks is 42.5, and the most common race/ethnicity for Credit authorizers, checkers, & clerks is White (Non-Hispanic).

Composition by Sex

11.1k

MALE WORKFORCE

± 2,584

29k

FEMALE WORKFORCE

± 4,183

72.4% of Credit authorizers, checkers, & clerks are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Credit authorizers, checkers, & clerks.

Race & Ethnicity

Most Common Race or Ethnicity of Credit authorizers, checkers, & clerks

White (Non-Hispanic)
Black (Non-Hispanic)
White (Hispanic)

63.4% of Credit authorizers, checkers, & clerks are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 13.5% of Credit authorizers, checkers, & clerks, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Credit authorizers, checkers, & clerks.

Age by Sex

39.7

AVERAGE MALE AGE

± 3

42.5

AVERAGE FEMALE AGE

± 1.96

The median age of Credit authorizers, checkers, & clerks is 41.7, and Male employees are generally 2.78 years younger than than their Female counterparts.

Education

Data on higher education choices for Credit authorizers, checkers, & clerks from The Department of Education and Census Bureau. The most common major for Credit authorizers, checkers, & clerks is Business but a relatively high number of Credit authorizers, checkers, & clerks hold a major in Business.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Credit authorizers, checkers, & clerks from the Bureau of Labor Statistics. Credit authorizers, checkers, & clerks need many skills, but most especially Active Listening, Speaking, and Reading Comprehension. The revealed comparative advantage (RCA) shows that Credit authorizers, checkers, & clerks need more than the average amount of Active Listening, Speaking, and Writing.

Radar Distribution

Bar Chart

Projections

Projections on job growth for Credit Authorizers, Checkers, and Clerks from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Credit Authorizers, Checkers, and Clerks are expected to see a growth of −4.83% over the same period. This occupation is expected to grow less than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Credit Authorizers, Checkers, and Clerks.

−4.83%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Credit Authorizers, Checkers, and Clerks. This profession is expected to grow less than than 3.71%, the average rate of national job growth.