Home Back Issues January 2007 Most wages rising faster than inflation

Most wages rising faster than inflation

| Print |  Email
Archives - January 2007
Monday, January 01, 2007

0107OED1.gif

Since 2001, Oregonians’ average wages have risen faster than inflation. At least this is true for workers covered by unemployment insurance — close to 90% of workers in the state. Their wages gained more than 4% over the past year compared to 2.7% inflation. And it wasn’t only the top earners who saw real pay raises. The gains were enjoyed across all wage groups. Median wages climbed by at least 9% from 2001 to 2005 for the five earnings quintiles.  This easily beat inflation of 7.5% as indicated by the Portland-Salem consumer price index. However, some industries lagged inflation. Between 2001 and 2005, average wages rose only 1% in the fast-growing construction industry and only 2% in transportation- equipment manufacturing. In contrast, average wages climbed 20% in financial activities and 21% in hospitals.

— Art Ayre, state employment economist
Oregon Employment Department
www.qualityinfo.org
0107OED2.gif

 

More Articles

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

A Recipe for Success

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.


Read more...

Powerlist: Law Firms

October 2014
Thursday, September 25, 2014
BY KIM MOORE

A conversation with leading partners at law firms in Portland and eastern Oregon, followed by October's powerlist.


Read more...

The 100 Best Nonprofits to Work for in Oregon 2014

October 2014
Thursday, September 25, 2014
14BY KIM MOORE

Proud, diverse and underpaid.

Pride in their organizations’ mission, fairness in the treatment of women and ethnic minorities, flexible work schedules — these are just a handful of workplace characteristics that employees of this year’s 100 Best Nonprofits appreciate about their organizations.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS