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Market reporter vs correspondent

The differences between market reporters and correspondents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a market reporter and a correspondent. Additionally, a correspondent has an average salary of $82,217, which is higher than the $77,211 average annual salary of a market reporter.

The top three skills for a market reporter include news stories, commodities and derivative. The most important skills for a correspondent are news stories, news coverage, and feature stories.

Market reporter vs correspondent overview

Market ReporterCorrespondent
Yearly salary$77,211$82,217
Hourly rate$37.12$39.53
Growth rate-10%-10%
Number of jobs10,6852,835
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 74%
Average age4040
Years of experience22

Market reporter vs correspondent salary

Market reporters and correspondents have different pay scales, as shown below.

Market ReporterCorrespondent
Average salary$77,211$82,217
Salary rangeBetween $49,000 And $121,000Between $50,000 And $134,000
Highest paying City-Washington, DC
Highest paying state-New Jersey
Best paying company-American Broadcasting Company
Best paying industry-Media

Differences between market reporter and correspondent education

There are a few differences between a market reporter and a correspondent in terms of educational background:

Market ReporterCorrespondent
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 74%
Most common majorBusinessJournalism
Most common collegeUniversity of PennsylvaniaNorthwestern University

Market reporter vs correspondent demographics

Here are the differences between market reporters' and correspondents' demographics:

Market ReporterCorrespondent
Average age4040
Gender ratioMale, 51.2% Female, 48.8%Male, 45.0% Female, 55.0%
Race ratioBlack or African American, 6.3% Unknown, 3.9% Hispanic or Latino, 12.6% Asian, 9.6% White, 67.2% American Indian and Alaska Native, 0.3%Black or African American, 6.4% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 9.7% White, 66.5% American Indian and Alaska Native, 0.3%
LGBT Percentage10%10%

Differences between market reporter and correspondent duties and responsibilities

Market reporter example responsibilities.

  • Report to managing editor as member of editorial staff, contribute to newspaper editorials.
  • Monitor Bloomberg and Reuters energy trading data, and derivatives trading activity to include spot prices, futures, and options.
  • Enter commodities and futures bids, trades and sales into the computer while on the catwalk on the trading floor.
  • Work closely with CFTC personnel observing the trading floor and monitoring trading activities.
  • Work closely with brokers, locals, and CME personnel to ensure price discrepancies are resolved quickly and efficiently.
  • Perform statistical analysis modeling of futures and derivatives.
  • Show more

Correspondent example responsibilities.

  • Lead reporting in Mongolia, representing AFP's regional headquarters in Beijing.
  • Manage constituent relations regarding financial services, housing, budget, judiciary, homeland security, and government oversight issues.
  • Develop Facebook strategy, execute launch and manage content.
  • Handle education, foreign affairs, judiciary and natural resources issues; assist with appropriations requests.
  • Process FHA, VA and correspondent disclosures.
  • Gain knowledge of interviewing, photography, and newsworthiness.
  • Show more

Market reporter vs correspondent skills

Common market reporter skills
  • News Stories, 36%
  • Commodities, 19%
  • Derivative, 14%
  • Market Data, 9%
  • Street Journal, 5%
  • Construction Projects, 3%
Common correspondent skills
  • News Stories, 17%
  • News Coverage, 11%
  • Feature Stories, 7%
  • Instagram, 6%
  • Financial Statements, 6%
  • Develop Story Ideas, 4%

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