Financial Services is a significant employer in the North Shore, employing 7,142 people in the 2nd Quarter 2017. This is a decrease of 3.23% from 2nd quarter 2016, when the industry employed 7,381 workers in the region. The Financial Services industry is divided between Finance and Insurance, employing 5,287 workers, and Real Estate and Rental and Leasing, which employs 1,855workers.
Industry Sector | Number of Establishment | Average Monthly Employment | Average Weekly Wages |
---|---|---|---|
Finance Insurance | 544 | 5,287 | $1,735 |
Credit intermediation and related activities | 215 | 2,799 | $1,567 |
Securities, commodity contracts, investments | 150 | 572 | $3,063 |
Insurance carriers and related activities | 176 | 1,912 | $1,588 |
Funds, trusts, and other financial vehicles | 3 | 3 | $815 |
Real Estate and Rental and Leasing | 351 | 1,855 | $1,201 |
Real Estate | 304 | 1,170 | $1,046 |
Rental and leasing services | 44 | 345 | $850 |