Itft real estate
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REAL REAL ESTATEESTATE
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Growth Rate
Quick Facts: Real Estate Brokers and Quick Facts: Real Estate Brokers and Sales AgentsSales Agents
2012 Median Pay2012 Median Pay $41,990 per year$41,990 per year$20.19 per hour$20.19 per hour$20.19 per hour$20.19 per hour
EntryEntry--Level EducationLevel Education High school diploma or High school diploma or equivalentequivalent
Number of Jobs, 2012Number of Jobs, 2012 422,000422,000
Job Outlook, 2012Job Outlook, 2012--2222 11% (As fast as average)11% (As fast as average)
Employment Change, 2012Employment Change, 2012--2222 46,60046,600
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Employment, Unemployment, Layoffs, and Employment, Unemployment, Layoffs, and Openings, Hires, and SeparationsOpenings, Hires, and Separations
Data seriesData seriesSep.Sep.20132013
Oct.Oct.20132013
Nov.Nov.20132013
Dec.Dec.20132013
Employment Employment (in thousands)(in thousands)
Employment, all Employment, all employeesemployees (seas(seas
onally onally adjusted)adjusted)
1,998.01,998.0 2,002.42,002.4 2,006.82,006.8 2,007.32,007.3
UnemploymentUnemployment
Unemployment Unemployment raterate 5.7%5.7% 5.7%5.7% 5.7%5.7% 5.1%5.1%
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Job Opportunities
Real estate will generate employment for at least 17 million Real estate will generate employment for at least 17 million people by 2025.
The Bureau of Labor Statistics (BLS) projects 12.2 percent job growth for real estate sales agents between 2010 and 2020,
which is about as fast as average. During that time period, an additional 52,500 jobs will need to be filled.
Average real estate agent pay -Real estate sales agents make an average salary of about 50,000.They earn less than the insurance representative, but make more than the average salary for customer service representatives, cashiers, and
receptionists.
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