Sponsored by Energy Trust

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

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


Read more...

See How They Run

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

Studying ground-running birds, a group that ranks among nature's speediest and most agile bipedal runners, to build a faster robot.


Read more...

Reimagining education to solve Oregon's student debt and underemployment problems

News
Thursday, November 13, 2014
carsonstudentdept-thumbBY RYAN CARSON | OP-ED CONTRIBUTOR

How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.


Read more...

The clean fuels opportunity

News
Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

I Know How You Feel

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?


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