Top US metros for wage growth - Silicon Valley Business Journal

The past year has been marked by rapidly rising wages that have left many businesses unable to keep up, but there are signs the gains are starting to decelerate.

The average employee is earning about $26 more a week in August 2022 than they did a year ago, but significantly elevated inflation is outpacing those gains and putting pressure on workers and companies alike. But even though the pace of earnings growth is easing, average weekly earnings still rose compared to August 2021 in nearly 70% of the 389 metros analyzed by The Playbook, according to BLS data. Additionally, 36.7% of metros recorded wage growth of at least 5%.There was a fair amount of geographic diversity among the leaders for earnings growth.

Virginia Beach-Norfolk-Newport News led the way among the largest 100 metros, while Detroit was the largest metro area to rank in the top 10 for year-over-year growth.Just like with the top performers, there was significant geographic diversity among the metros with year-over-year declines in average weekly earnings.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Top US metros for wage growth - Jacksonville Business JournalWhile there are signs wage growth is starting to cool — relative to the past year — several areas are leading the pack.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

Stanford's Carolyn Bertozzi wins Nobel Prize in chemistry - Silicon Valley Business JournalThe new Nobel winner in chemistry received her Ph.D. at UC Berkeley, did her post-doctoral work at UCSF and made the move from Berkeley to Stanford in 2015.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »

Apple suppliers moved operations closer to Cupertino amid pandemic - Silicon Valley Business JournalThe number with manufacturing in California rose to 30 in 2021 from 10 in 2020, according to a list released by Apple.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »

Pay transparency: Many workers avoid listings without pay details - Silicon Valley Business JournalMore states and local governments are requiring salary details in job listings. But here's why companies that aren't subject to those laws may still want to increase their pay transparency.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »

Meta Platforms real estate executive says company will 'recalibrate our space' - Silicon Valley Business JournalMeta Platforms' real estate presence in the Bay Area accounts for about 10 million square feet of existing office space with another 2.3 million in the works Facebook Meta
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »