This occupation has an extremely high probability of automation.
$39,320 annual wage
What they do
Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data; determine credit worthiness; process applications; and notify customers of acceptance or rejection of credit.
Risk of automation
This occupation is 97.0% likely to be automated. It ranks 667 of 702 occupations analyzed (higher rank means higher likelihood).
People affected and economic value
In the US, 38,500 people have this job. They earn $39,320 per year on average (the mean annual wage). The occupation therefore represents $1,513,820,000 in annual economic value. The mean hourly wage for this occupation is $18.91.
Official growth forecast
This occupation is projected to shrink -2.8% between 2016 and 2026. At this rate, there would be 37,400 people with this job at that time.
References and notes
This article uses data from "The Future of Employment" (PDF), a 2013 study from University of Oxford researchers, and US Bureau of Labor Statistics files including Standard Occupational Classification 2010 Definitions (XLS), May 2016 Occupational Employment Statistics (zip) and 2016-2026 Employment Projections (XLS).