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North Dakota Earnings
North Dakota Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Bismarck MSA
|
$232,180 or $111.63/hr
|
$40,990 or $19.71/hr
|
$239,200 or $115.00/hr
|
Fargo ND-MN MSA
|
$138,460 or $66.57/hr
|
$39,190 or $18.84/hr
|
$239,200 or $115.00/hr
|
Grand Forks ND-MN MSA
|
N/A
|
N/A
|
N/A
|
North Dakota Geographical Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
West North Dakota nonmetropolitan area
|
N/A
|
N/A
|
N/A
|
North Dakota's Employment and Outlook (State-wide)
Outlook
|
Stable Growth rate is estimated to be 14%
|
Job Openings
|
47 estimated annual job openings
|
Employment
|
446 were employed in this occupation
|
Regions with increasing outlook (over 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 5
|
265
|
21%
|
6
|
25
|
31
|
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
|
11
|
18%
|
|
1
|
1
|
Region 2
|
20
|
5%
|
|
2
|
2
|
Region 4
|
39
|
8%
|
|
3
|
3
|
Region 6
|
13
|
0%
|
|
1
|
1
|
Region 7
|
76
|
17%
|
1
|
7
|
8
|
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.
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
|
stable
|
|
The employment change from 2021 to 2031 is estimated to be +10%.
(The National average for all occupations is +5%)
|
Job Openings
|
very small number
|
|
A total of 4660 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
|
Employment
|
large occupation
|
|
This was a large occupation in the United States, employing 466,900 workers in 2021.
(The National average for all occupations is 142,207 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.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (88.7%)
- Credit intermediation and related activities (NAICS522000) (52.7%)
- Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (32.9%)
- Self-employed workers (6.1%)
|