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Securities and Commodities Trader

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Regional Earnings

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
West North Dakota nonmetropolitan area $108,650 or $52.24/hr $42,410 or $20.39/hr $166,640 or $80.11/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 15%
Job Openings 53 estimated annual job openings
Employment 564 were employed in this occupation

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 12 17% 1 1
Region 3 12 0%
Region 4 60 12% 1 5 6
Region 5 260 20% 5 21 26
Region 7 109 15% 2 8 10
Region 8 18 17% 1 1

National Earnings

The earnings information below is for the occupational group Securities, Commodities, and Financial Services Sales Agents. The occupation Securities and Commodities Trader is part of this group.

Average Annual Wage

$109,710

Average Hourly Wage

$52.75

Average Annual Range

$45,420 to $212,180

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2022 to 2032 is estimated to be +7%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 4010 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
Employment large occupation
  This was a large occupation in the United States, employing 482,200 workers in 2022.
(The National average for all occupations is 147,916 workers)
Growth Faster than average growth
  Services that investment bankers provide, such as helping with initial public offerings and mergers and acquisitions, will continue to be in demand as the economy grows. The United States remains an international financial center, meaning that the economic growth of countries around the world will contribute to employment growth in the American financial industry. However, continuing consolidation in the financial services industry is projected to slow employment growth for these workers over the next decade. In addition, automated trading systems have reduced demand for securities traders. 
Non Traditional Occupation This is a non-traditional occupation for women in 2023.
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (89.4%)
  • Credit intermediation and related activities (NAICS522000) (53.9%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (32.9%)

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

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