Loan Interviewers and Clerks

Imminent Risk
91%
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AUTOMATION RISK
CALCULATED
91%
(Imminent Risk)
POLLING
There hasn't been enough votes on this occupation yet
LABOR DEMAND
GROWTH
-2.4%
by year 2033
WAGES
$47,380
or $22.78 per hour
Volume
203,940
as of 2023
SUMMARY
JOB SCORE
3.2/10

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Calculated automation risk

91% (Imminent Risk)

Imminent Risk (81-100%): Occupations in this level have an extremely high likelihood of being automated in the near future. These jobs consist primarily of repetitive, predictable tasks with little need for human judgment.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Social Perceptiveness

  • Persuasion

User poll

What do you think the risk of automation is?

What is the likelihood that Loan Interviewers and Clerks will be replaced by robots or artificial intelligence within the next 20 years?






Growth

Very slow growth relative to other professions.

The number of 'Loan Interviewers and Clerks' job openings is expected to decline 2.4% by 2033

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2024.

Wages

Low paid relative to other professions

In 2023, the median annual wage for 'Loan Interviewers and Clerks' was $47,380, or $22 per hour

'Loan Interviewers and Clerks' were paid 1.4% lower than the national median wage, which stood at $48,060

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Greater range of job opportunities compared to other professions

As of 2023 there were 203,940 people employed as 'Loan Interviewers and Clerks' within the United States.

This represents around 0.13% of the employed workforce across the country

Put another way, around 1 in 744 people are employed as 'Loan Interviewers and Clerks'.

Job description

Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

SOC Code: 43-4131.00

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