Brokerage Clerks

Job Outlook

Employment of brokerage clerks is expected to grow More slowly than average for all occupations through the year 2014. Although a growing economy will result in more financial transactions and other activities that require these workers, the continuing spread of office automation will lift worker productivity and restrict job growth.

With people increasingly investing in securities, brokerage clerks will be required to process larger volumes of transactions. Moreover, some brokerage clerks will still be needed to update records, enter changes into customers' accounts, and verify transfers of securities. However, the emergence of online trading and widespread automation in the securities and commodities industry will limit demand for brokerage clerks in the coming decade. Some job openings will stem from the need to replace clerks who transfer to other occupations or stop working.

source: OOH; about this section