Comparison With Other Industries

INSURANCE COMPARED WITH OTHER INDUSTRIES

The insurance industry employs 2.4 million people, accounting for about 25 percent of the workforce in the U.S. financial activities sector, according to the Current Population Survey from the U.S. Department of Labor.

EMPLOYMENT BY INDUSTRY, 2013

Industry Employees (000)
Total, all industries 143,929
Agriculture, forestry, fishing, and hunting 2,130
Mining, quarrying, and oil and gas extraction 1,065
Construction 9,271
Manufacturing 14,869
Wholesale and retail trade 19,653
Transportation and utilities 7,415
Information 2,960
Financial activities 9,849
     Insurance carriers and related activities 2,639
Professional and business services 16,793
Education and health services 32,535
Leisure and hospitality 13,554
Other services 7,127
Public administration 6,708

Source: Bureau of Labor Statistics, Current Population Survey (CPS).