This difference between
average wage rates for factory and service work is true throughout the country.
The Wage Cost Index (WCI) for total hours (excluding bonuses), an indicator of movements in
average wage rates, increased by 2.8 per cent over the year to the March quarter 2000, which is close to the previous readings for this indicator (Graph 41).
According to NACE's latest intern compensation report, the average hourly wage for a master's degree candidate, $ 21.93, is 35 percent more than
the average wage rate for an intern earning a bachelor's degree, $ 16.21.
The three - bar bar chart on the worksheet displays wages at the state level for nursing assistants by these three NAICS industry codes, and shows that
the average wage rate for nursing assistants in California is lower for skilled nursing and CCRC / AL industry sectors than for health care and social assistance in aggregate.
Not exact matches
Those measures were the unemployment
rate,
average weekly
wage, job growth
rate, GDP per capita, and GDP growth
rate.
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.
Miami fell in the middle on our metrics, with its 4.1 % February 2018 unemployment
rate falling just above the
average rate of 4.0 % among the 40 largest metro areas, and a Q3 2017 weekly
wage of $ 963 just below the
average of $ 1,095.
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.
Indianapolis February 2018 unemployment
rate of 3.4 % was the eighth - best among the 40 largest metro areas, but its Q3 2017
average weekly
wage of $ 936 was the eighth - lowest.
New York's Q3 2017
average weekly
wage of $ 1,305 and 2016 GDP per capita of $ 81,748 were both the sixth - highest among the 40 largest metro areas, but the region's 4.6 % unemployment
rate in February 2018 was tied for eighth - worst.
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.
Those measures included unemployment
rate,
average weekly
wage, job growth
rate, GDP per capita, and GDP growth
rate.
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.
Furthermore, tying the minimum
wage to
average wages or realized inflation
rates is counterproductive if you believe higher minimum wages are stimulative (I do not, but I should hold out the possibility that I may be wrong).
However, altering the minimum
wage every year based on
average wages or realized inflation
rates is difficult in practice, as there is a lag in collecting that data.
The data also shows that more women arrive in Canada as the spouses of economic immigrants or as non-economic newcomers or refugees and have lower employment
rates and earn less than the
average wage.
The
average weekly
wage fell 1.8 % between November 2014 and November 2015, also the second - worst
rate in the country.
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.
Colorado's 3.6 % unemployment
rate was well below the national
rate of 5.0 % and its
average weekly
wage of $ 932 was above the national
average of $ 871.
Average weekly wages for airport operations workers, a category that includes baggage handlers and other support staff, fell by 14 percent from 1991 to 2011 — a growth
rate that was lower even than the low -
wage retail and food service industries, according to a 2013 study.
In fact, in real terms the
average wage peaked more than 40 years ago: The $ 4.03 - an - hour
rate recorded in January 1973 has the same purchasing power as $ 22.41 would today.
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.
Since the
average nominal
wage rate has now risen to $ 21 an hour, the amount given back by the borrower is still equivalent to 1,000 hours of labour - time.
If one assumes Mr. Rosengren allows the economy to hum along at the current levels (a big if since he wants to raise
rates), a
average 2.5 %
wage gain less 2 % inflation makes you wait three more years to get back to 2007 (a lost decade plus two) and five years to party likes it's 1999 (two lost decades, plus one).
Also, as the jobless
rate has fallen,
wage growth has accelerated, from around 2 to 2.5 percent, on
average.
A high unemployment
rate and a relatively low
average weekly
wage make Riverside one of the worst cities to live in if you want to find your dream job.
Plus, it has a high unemployment
rate and a relatively low
average wage.
The Boston area has the lowest unemployment
rate among all the cities on the list, as well as one of the highest
average weekly
wage rates.
Although the
average weekly
wage here tops $ 1,000, the unemployment
rate is higher than the national
average.
All but one have an
average weekly
wage higher than $ 1,000, and most have an unemployment
rate below the national
average.
Considered the worst cities on our list to find a dream job, they scored lower on the factors that were taken into consideration: unemployment
rate,
average weekly
wage and number of establishments.
However, Ontarioâ $ ™ s provincial inflation
rate of 2.1 % is triple the
average Ontario
wage increase of 0.7 %.
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 ra
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 ra
wage increases being negotiated under enterprise bargaining, which continue to yield
average annualised increases in the 3 1/2 to 4 per cent range.
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.
Wage rates, as measured by
average weekly ordinary - time earnings of adults working full time (AWOTE), increased by 1.3 per cent in the three months to February and by 4.6 per cent over the year (Graph 19).
Inflation control, however, is not the only consideration in gauging the appropriate
rate of
average wage growth.
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.
The official minimum
wage in Ecuador is 3,000 sucres per week, which works out to less than 600 sucres per day — or $ 1.50 at the current exchange
rate — as the
average work week is five and a half days.
During the past three years, unemployment
rates increased half again,
average real incomes decreased, and for seven years the minimum
wage has not been raised to match inflation.
The budget includes 3 percent
wage increases for both full - and part - time employees, and anticipates health insurance
rates to increase in 2014 by an
average of 5.8 percent.
More concretely, a German worker earning half the
average wage has a replacement
rate of 53 %, compared with 75 % across the OECD.
Prior to the tax cap, the
average annual school property tax growth
rate from 2000 - 10 was nearly 6 percent, far outpacing inflation or
wage growth.
The assemblyman's office noted he had co-sponsored a measure that would peg the then - $ 8 hourly minimum
wage to the urban inflation
rate, which has increased by an
average of 1.7 percent annually over the last five years (and only increased by a tenth of a percent in 2015)-- which would have resulted in a far more modest rise in the pay floor.
The Senate's proposal would grant six weeks of paid leave at a
rate of up to $ 424 a week in the first year, increasing to 50 percent of the
average weekly
wage in subsequent years.
Presently the basic hourly
rate for volunteering work can be
averaged on $ 22.14 [19], whilst the minimum basic
wage in the US is $ 15 per hour (minimum gross
rate).
Yet the link between teacher pay and attrition
rates isn't iron - clad; Missouri and North Carolina, for example, have bottom quintile starting salary and
wage competitiveness, yet better - than -
average attrition
rates (5.9 and 5.5 percent, respectively).