| Sumario: | The security brokers and dealers industry, SIC code 621, includes bond dealers and brokers, mutual fund agents, securities traders and underwriters, oil and gas lease brokers, and tax certificate dealers. Total industry employment was 349,880 as of May 1993, up from 273,330 in May 1984. Wage and salary employment in the industry rose by 28 percent over that period. The number of professional jobs nearly doubled, from 27,720 to 54,380. Weak growth in clerical and administrative support jobs, from 116,930 to 129,140, reflected productivity gains from advances in technology. The security brokers and dealers industry paid an average weekly wage of $1,853 in 1993, some 371 percent above the average private sector wage of $499. No industry paid a higher average wage. Extensive data on employment in the security brokers and dealers industry are presented, the industry is profiled, and its employment trends are examined.
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