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Old 07-25-2022, 03:17 PM
 
184 posts, read 317,145 times
Reputation: 229

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Wage increases for the 10 largest metro areas





1. Miami-Fort Lauderdale-Pompano Beach, FL

Non-adjusted percentage change in wages (YoY): +12.1%
Average weekly wages Q4 2021: $1,446


2. Chicago-Naperville-Elgin, IL-IN-WI

Non-adjusted percentage change in wages (YoY): +7.2%
Average weekly wages Q4 2021: $1,556


3. Atlanta-Sandy Springs-Alpharetta, GA

Non-adjusted percentage change in wages (YoY): +7.0%
Average weekly wages Q4 2021: $1,436


4. Dallas-Fort Worth-Arlington, TX

Non-adjusted percentage change in wages (YoY): +5.9%
Average weekly wages Q4 2021: $1,483


5. Houston-The Woodlands-Sugar Land, TX

Non-adjusted percentage change in wages (YoY): +5.5%
Average weekly wages Q4 2021: $1,496


6. New York-Newark-Jersey City, NY-NJ-PA

Non-adjusted percentage change in wages (YoY): +5.3%
Average weekly wages Q4 2021: $1,921


7. Los Angeles-Long Beach-Anaheim, CA

Non-adjusted percentage change in wages (YoY): +4.7%
Average weekly wages Q4 2021: $1,659


8. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Non-adjusted percentage change in wages (YoY): +4.0%
Average weekly wages Q4 2021: $1,504


9. Boston-Cambridge-Newton, MA-NH

Non-adjusted percentage change in wages (YoY): +3.7%
Average weekly wages Q4 2021: $2,006


10. Washington-Arlington-Alexandria, DC-VA-MD-WV

Non-adjusted percentage change in wages (YoY): +2.7%
Average weekly wages Q4 2021: $1,858





July 14, 2022
https://smartestdollar.com/research/...astest-in-2022

Last edited by Orionsdolph; 07-25-2022 at 03:44 PM..
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Old 07-25-2022, 03:22 PM
 
4,161 posts, read 2,868,237 times
Reputation: 5522
The inflation-adjusted numbers are gross to look at.
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Old 07-25-2022, 03:29 PM
 
Location: Boston, MA
106 posts, read 61,039 times
Reputation: 224
With wages that low, it's normal for places like FL and NH to grow.
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Old 07-25-2022, 03:37 PM
 
Location: Northern Virginia
6,832 posts, read 4,283,840 times
Reputation: 18672
Those 'average wage' figures show you why a median is typically a more instructive figure for incomes.
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Old 07-25-2022, 04:17 PM
 
184 posts, read 317,145 times
Reputation: 229
Wage increases for the 10 largest states




1. Florida

Non-adjusted percentage change in wages (YoY): +9.7%
Average weekly wages Q4 2021: $1,297


2. North Carolina

Non-adjusted percentage change in wages (YoY): +7.8%
Average weekly wages Q4 2021: $1,241


3. Georgia

Non-adjusted percentage change in wages (YoY): +7.0%
Average weekly wages Q4 2021: $1,292


4. Illinois

Non-adjusted percentage change in wages (YoY): +6.9%
Average weekly wages Q4 2021: $1,473


5. New York

Non-adjusted percentage change in wages (YoY): +6.8%
Average weekly wages Q4 2021: $1,829


6. Texas

Non-adjusted percentage change in wages (YoY): +6.3%
Average weekly wages Q4 2021: $1,376


7. Ohio

Non-adjusted percentage change in wages (YoY): +5.2%
Average weekly wages Q4 2021: $1,221


8. Pennsylvania

Non-adjusted percentage change in wages (YoY): +5.1%
Average weekly wages Q4 2021: $1,352


9. California

Non-adjusted percentage change in wages (YoY): +4.8%
Average weekly wages Q4 2021: $1,804


10. Michigan

Non-adjusted percentage change in wages (YoY): +2.7%
Average weekly wages Q4 2021: $1,291



July 14, 2022
https://smartestdollar.com/research/...astest-in-2022
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Old 07-25-2022, 04:51 PM
 
14,041 posts, read 15,073,711 times
Reputation: 10503
Quote:
Originally Posted by Bowery View Post
With wages that low, it's normal for places like FL and NH to grow.
NH is like #6 in the country for median income
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Old 07-25-2022, 05:03 PM
 
Location: ATL via ROC
1,225 posts, read 2,335,536 times
Reputation: 2583
Miami was notoriously low to begin with so no surprise they top this list
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Old 07-25-2022, 07:09 PM
 
Location: Atlanta
7,582 posts, read 10,792,185 times
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Quote:
Originally Posted by 585WNY View Post
Miami was notoriously low to begin with so no surprise they top this list
I was thinking the same thing.

What you're really seeing there is a statistical blip, since these are year over year figures, caused by the post-pandemic rebound in leisure/hospitality.

I work in the cruise line industry and it was a nearly 2 year shut down. So much of Miami is based on vacation-style hospitality and it went from a full on shut down to enormous demand this year.
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Old 07-25-2022, 07:49 PM
 
184 posts, read 317,145 times
Reputation: 229
Quote:
Originally Posted by cwkimbro View Post
I was thinking the same thing.

What you're really seeing there is a statistical blip, since these are year over year figures, caused by the post-pandemic rebound in leisure/hospitality.

I work in the cruise line industry and it was a nearly 2 year shut down. So much of Miami is based on vacation-style hospitality and it went from a full on shut down to enormous demand this year.

Miami fully shut down? Compared to where?




Las Vegas-Henderson-Paradise, NV

Non-adjusted percentage change in wages (YoY): +4.8%
Average weekly wages Q4 2021: $1,197



Miami-Fort Lauderdale-Pompano Beach, FL

Non-adjusted percentage change in wages (YoY): +12.1%
Average weekly wages Q4 2021: $1,446
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Old 07-25-2022, 10:24 PM
 
Location: Atlanta
7,582 posts, read 10,792,185 times
Reputation: 6572
"I work in the cruise industry and it was a nearly 2 year shut down."

The subject of the sentence is the cruise industry and not Miami.

The cruise industry and other types of beach vacation travel are critically important to Miami. The pandemic had a greater downturn on leisure hospitality industries like these and the cruise lines were among the hardest hit as they could reopen in the same way, while others could.

Refer to the link you posted in the first post and you'll see the greatest wage gains were in leisure and hospitality.
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