Sentences with phrase «average wage growth of»

A further moderation to about 160,000 is expected in 2018, but average wage growth of 2.5 % could pick up as businesses continue to struggle to attract and retain employees.

Not exact matches

While Las Vegas» 2016 GDP growth rate of 3.9 % was the seventh - highest among the 40 largest metro areas, the region's Q3 2017 average weekly wage of $ 898 was the fifth - lowest.

While Riverside's Q3 2017 average weekly wage of $ 848 was the lowest among the 40 largest metro areas, its non-farm payroll job growth rate of 3.9 % between February 2017 and February 2018 was the highest.

The government's proposal to raise the minimum wage to $ 15 an hour by January 2019 will bring it to roughly 55 per cent of the average wage, if wage growth keep pace with inflation in the intervening period.

San Jose held the top position among the 40 largest metro areas in three of our five metrics: Its Q3 2017 average weekly wage of $ 2,297, 2016 GDP growth rate of 5.9 %, and 2016 GDP per capita of $ 126,820 were all best among the nation's big cities.

Atlanta's Q3 2017 average weekly wage of $ 1,067 was right in line with the average among the 40 largest metro areas of $ 1,095, and the region's 2016 GDP growth rate of 3.7 % was the eighth - highest.

Houston was one of just two of the 40 largest metro areas to experience a decrease in economic activity in 2016, with a GDP growth rate of -3.0 %, but its Q3 2017 average weekly wage of $ 1,187 was the seventh - best.

San Francisco's Q3 2017 average weekly wage of $ 1,654, its February 2018 unemployment rate of 2.9 %, its 2016 GDP growth rate of 5.4 %, and its 2016 GDP per capita of $ 100,132 were all the second - best among the 40 largest metro areas.

Yes, wage growth is now faster than it was in the first 5 + years of the recovery, when it averaged 2.0 percent.

In contrast, the following areas saw the least amount of wage growth, falling slightly below the national average of two percent:

Despite that high GDP and growth, the state's November 2015 average weekly wage of $ 756 was well below the national average of $ 871.

The November 2015 average weekly wage of $ 1,073 was the second highest in the country, and was 5.6 % higher than the weekly wage in November 2014, the third highest wage growth rate.

Iowa's November 2015 unemployment rate of 3.4 % was the sixth lowest among the states and DC, and its average weekly wage grew 4.7 % between November 2014 and November 2015, the sixth - highest growth rate in the country.

Fueled by a surge of renters across all age ranges, rental prices nationally have grown at roughly twice the pace of average hourly wage growth, which was a paltry 2.1 percent over the past year.

Unadjusted career average earnings will result in a smaller denominator than career average earnings that are adjusted to reflect wage growth, as in the C / QPP benefit rate calculation, and both are likely to be lower than a measure of best average earnings for people whose earnings are high relative to average earnings for limited periods of time.

Again, the smooth trend (6 - mos average, in this case) in wage growth deserves a close look, and it shows remarkably little acceleration given the persistent tightness of the job market.

Given the above assumptions for retirement age, planning age, wage growth and income replacement targets, the results were successful in 9 out of 10 hypothetical market conditions where the average equity allocation over the investment horizon was more than 50 % for the hypothetical portfolio.

However, the lack of growth in hourly earnings is something of a conundrum (average hourly wage growth was flat month - over-month in June and up over the past year by just 2 %).

Average weekly earnings data for May showed a sharp increase in ordinary - time earnings growth, although the quality of this series as an indicator of wage growth over the short term is poor.

Enterprise bargaining outcomes in the early part of the year also suggested little change in the rate of wage growth; new federal enterprise agreements in the March quarter yielded an average annualised increase of 3.4 per cent, unchanged from the previous quarter.

The Wage Cost Index continues to record wages growth at an annual rate of around 3 1/4 per cent, and there has been little change in the wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent raWage Cost Index continues to record wages growth at an annual rate of around 3 1/4 per cent, and there has been little change in the wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent rawage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent range.

That said, B.C.'s strong economic growth over the past three years, combined with a) the announced small business tax relief, b) the new training and youth employment programs (also announced today), and c) a lower - than - average percentage of our working population who actually make minimum wage (about 5 %, compared to 7.1 % nationally), leaves us in a position to cautiously view the announced increases as «reasonable.»

More recently, wage growth has shown signs of stabilisation, with growth in the private sector wage price index unchanged for the past six quarters, while a broader measure of wage pressures, the growth in average earnings per hour, has picked up of late.

Within the wage share of the economy â $ «which includes everyone from chief executive officers to servers â $ «only the average top -1-per-cent earner saw enough income growth to outpace inflation between 2009 and 2011.

While a low unemployment rate can indicate tight labour - market conditions, the 2017 average hourly wage of full - time and part - time employees combined grew by only 1.7 per cent — the lowest year - over-year growth since 1998 and more or less at the same rate as consumer price inflation.

While job creation has been undeniably strong in recent months (an average of 290,000 over the last three months), it's the sluggish wage growth and productivity that appear to be larger issues.

But after surging in the previous month, most likely due to the effects of the hurricanes, average hourly earnings were unchanged in October, pushing annual wage growth down to 2.4 %.

Inflation control, however, is not the only consideration in gauging the appropriate rate of average wage growth.

Other official labour cost data based on wage - bill measures, such as average weekly ordinary time earnings and average earnings from the national accounts, paint a similar picture, identifying firm wage outcomes but giving little indication of an acceleration of aggregate wages growth.

Faster average wage growth in Australia has been accompanied by trend growth in labour productivity which is faster than the average of the countries shown in the table.

Some evidence from Evercore ISI suggests that U.S. states with the lowest unemployment rates have above - average rates of wage growth, and vice versa.

Coming to wage growth, the average annual weekly earnings of employees in nominal terms (not adjusted for inflation) increased by 2.2 percent with bonuses and 2.1 percent excluding bonuses.

Income tax bands to be triple - locked, increasing by the highest of the Consumer Prices Index, average wage earnings growth or 2.5 per cent - to end the scandal of fiscal drag

The economists said, «The state economy appears to be undergoing a period of adjustment, during which above - average private sector job growth has coupled with a less volatile but more diversified wage base» as financial services jobs and their high pay no longer dominate.

To find out, Zoocasa did the math, assessing how the average home price, wage growth, rate of inflation and debt - servicing costs have changed.

Given the above assumptions for retirement age, planning age, wage growth, and income replacement targets, the results were successful in 9 out of 10 hypothetical market conditions where the average equity allocation over the investment horizon was more than 50 % for the hypothetical portfolio.

Specifically, median family income estimates are based on the average of wage growth and last year's actual income growth.

Given the above assumptions for retirement age, planning age, wage growth, and income replacement targets, the results were successful in nine out of 10 hypothetical market conditions where the average equity allocation over the investment horizon was more than 50 % for the hypothetical portfolio.

Average hourly earnings were flat to indicate lack of wage growth and potentially weaker inflationary pressures down the line.

Average wage growth has fluctuated around 2 percent, unadjusted for inflation, between 2002 and 2015, according to a study by the Federal Reserve Bank of San Francisco.

Wage growth was the surprise component of January's report with only a slight gain in average hourly earnings of 0.1 percent.

That would be three times the pace of average wage growth.