One area of the workforce that has made a steady rise through the first six months of 2017 is that of new car dealerships, with 1,134,200 now employed therein.
A biannual report from the National Automobile Dealers Association showed how those numbers have grown since 2016 when they were already setting records at 1,131,900 employees. Consequently, this left dealerships’ payroll at nearly $33 billion in June 2017, which marked an 11 percent gain over the same period in 2016.
“We expect to see employment at new-car dealerships reach an all-time high at the end of 2017,” Patrick Manzi, NADA senior economist, said. “In addition to the direct employment provided by dealerships, more than another million other jobs in local communities are dependent on dealerships.”
Manzi contends that part of the fuel for this has been an accompanying rise in income and total compensation for workers in the field. While a retail-based employment, sellers do not tend toward the lower side of the economic spectrum, where many other retailers fall. The average compensation for new car dealership employees stood at an average of $69,784 last year.