Sentences with phrase «wage growth among»
Most recently, however, slower real wage growth among blue - collar and non-managerial workers has dinged consumer spending, and thus GDP, a bit.
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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.
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.
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.
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.
When German institutions — government, businesses and labor unions — negotiated among themselves at the turn of the century a sharp reduction in wage growth for its workers, they were obviously attempting to reduce German's high domestic unemployment by gaining trade competitiveness.
Most upstate regions saw wage growth that outpaced inflation during the period, and the Finger Lakes had the highest average annual wages among the upstate regions, at just over $ 63,000.
These factors lead to decreased spending power among average - wage workers who have trouble just making ends meet, and that's a trend that can block broad - based economic growth.