Services, NEC

SIC 8999

Industry report:

This group covers businesses that primarily provide services, not elsewhere classified (NEC), such as authors, lecturers, radio commentators, song writers, weather forecasters, writers, and artists working on their own account.

Services not elsewhere classified included many specialties, ranging from inventors and lecturers to stained glass artists and cloud seeders. According to Dun & Bradstreet (D&B), 201,532 firms employed 383,414 people in this category in 2010. A majority of firms in this category had annual sales under $100,000, and 94 percent employed fewer than five workers.

One of the subsectors in this category was actuarial services, which generated $278.6 million in revenues in 2010, according to D&B. According to the Bureau of Labor Statistics (BLS), 19,700 people were employed as actuaries in 2008. Actuaries use mathematical models and statistical techniques to analyze risk. They develop and price insurance products and financial instruments, analyze financial institutions, and help manage pension and employee benefit plans. Actuaries also perform other jobs requiring advanced statistical analysis and mathematical modeling, such as investment management.

Although their profession is considered rewarding and lucrative, actuaries typically must pass exams that may require several years of study during their employment. However, the average annual salary for actuaries as of 2008 was $84,810, and many make as much as $100,000 or more. Demand for actuaries was expected to increase 21 percent, or much faster than average as compared to other occupations, by 2018, according to the BLS.

Geology and geophysical services was another industry within this category. Geologists study the earth's composition and structure. Geophysicists study matter and energy and how they interact. Members of both professions may consult on construction projects, such as dams and roadways; locating raw materials for extraction by mining and drilling companies; and predicting natural disasters. Salaries for experienced professionals in these fields were about $79,160 per year in 2008, according to the BLS. Jobs for geologists and geophysicists would expected to increase by 18 percent by 2018, fed by more environmental research and the hunt for new mineral reserves.

Writers, editors, and technical writers made up another portion of the miscellaneous services workers in the early 2010s. Often working as contractors or freelancers, writers and editors were hired by publishers, television and radio stations, and other media groups. They also worked for companies and individuals, writing speeches, marketing materials, manuals, and other compositions. Editors usually managed and reviewed the work of writers and were often involved with the publishing process. While yearly salaries varied, the average yearly salary for writers and editors was $53,070 in 2008. The demand for writers was predicted to rise by 15 percent by 2008, with the number of employment opportunities for editors declining slightly.

While salary and employment prospects vary by occupation, the overall job outlook was positive for miscellaneous services workers through the 2010s.

© COPYRIGHT 2018 The Gale Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. For permission to reuse this article, contact the Copyright Clearance Center.

News and information about Services, NEC

Professional Consultancy Services Nec Site Supervisor
Mena Report; October 29, 2016; 517 words
Contract notice: Professional Consultancy Services NEC Site Supervisor. The Nexus Site, known as the Former Thales site, Gatwick Road was acquired by Surrey County Council (SCC...
Operators lack IT expertise needed for cloud services -- NEC.
Total Telecom Online; November 17, 2010; 517 words
Byline: Nick Wood , Total Telecom, in Hong Kong Operators lack the necessary experience and expertise in providing managed IT services that are needed to succeed in cloud computing, claimed NEC on Wednesday. The Japanese equipment vendor told Total Telecom during Mobile Asia Congress in Hong Kong
Seeking Acquisitions 89 -- Services, Nec. FULFILLMENT COMPANIES - (116).
Seeking Acquisitions: FirstList; May 1, 2002; 261 words
Leading [OUTSOURCE PROVIDER OF CUSTOMER ACQUISITION FULFILLMENT AND TELESERVICES] to the telecommunications industry and companies seeking to utilize the Internet as an alternative sales channel, seeks to acquire fulfillment companies and call centers serving related industries. Location: U.S.
04 Hardware.(Seagate Recovery Services)(NEC Computers )(Brief article)
MicroScope; December 17, 2007; 239 words
Seagate seeks resellers In response to the rapid expansion of digital data in the home, Seagate Recovery Services, which focuses on data restoration, migration and duplication, is recruiting resellers in Europe to deliver its products and services to consumers as well as enterprise and SMEs. NEC
NEC taps Jaco for LCD services.(NEC Electronics America Inc., Jaco Electronics Inc.)(Brief Article)
Purchasing; May 19, 2005; 399 words
NEC Electronics America has selected Jaco Electronics to offer value-added display distribution services for NEC's active-matrix liquid crystal display modules in North America. Earlier this month, Jaco opened a new, state-of-the-art fiat-panel display (FPD) integration center at its Hauppauge,
Electronics makers release PC peripherals for online gov't services.(NEC Infrontia Corp.)(Brief Article)
Japan Computer Industry Scan; February 2, 2004; 346 words
TOKYO, Jan. 27 Kyodo Electronics makers are introducing personal computer (PC) peripherals that can verify the user identity online, as local governments begin to launch full-fledged Internet-based administrative services. On Wednesday, NEC Infrontia Corp. will release a device that reads
Uninterrupted communication in high-speed vehicles.(PREMIERE: Latest products and services)(NEC Corp.'s Wireless routers)(Brief article)
Telecom Asia; September 1, 2005; 263 words
NEC's new mobile router allows seamless broadband communication even on high-speed moving vehicles such as trains and cars. Using wireless LAN and a 3G mobile phone network, this mobile router enables real-time transmission of large volumes of image and voice data from moving vehicles. The company
NEC strengthens product lineup for fiber optic transceivers. (New Products/New Services).(NEC FiberOptech Inc.)
Fiber Optics Weekly Update; March 21, 2003; 700+ words
NEC FiberOptech Inc., a subsidiary of NEC USA, announced the introduction of new fiber optic transceivers that will be displayed at the OFC 2003 show in Atlanta. The three new breakthrough products are: (1) The world's first 10 Gbps optical transponder with built-in semiconductor optical amplifier

Search all articles about Services, NEC