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Weekly Earnings Are Strong PDF Print E-mail
Written by The Home Economist   
Wednesday, 18 March 2009 16:47
Paychecks in some industries have gotten larger since last year. By Brett Graff
 

 
Economic hardship is the recurring theme but for those who managed to keep their jobs in business services and finance, it's a whole different story.  Workers - not bosses, just employees - in the professional and business service industries saw their paychecks rise by 10 percent from last year, according to the Bureau of Labor Statistics. And finance pros of the same stature saw their paychecks rise by 6.1 percent. Utility folk are feeling little pain with paychecks amounting to an average of $1,277 a week - a 4.7 percent jump amid the economic rubble.
 
Then, there's the mess over in manufacturing - where employees saw their weekly incomes drop by 0.7 percent. And over in retail, where business has slowed, paychecks are barely pushing on - rising by only 0.7 percent. 
 
See for yourself:   
   
 
 
 
 
         

  Average weekly earnings    

___________ ___________ ___________ _____________

       
                  Percent
Industry  Feb. Jan. Feb. change:

2008 2009* 2009* Feb. 2008-

      Feb. 2009
_____________________________| ___________ ___________ ___________ _____________
         
Total private:(2)                   
Current dollars.......... $597 $608 $618 3.6 percent
         
Professional and business           
services:                          
Current dollars.......... $717 $762 $789 10 percent
         
Financial activities:               
Current dollars.......... $714 $735 $758 6.1 percent
         
Utilities:                        
Current dollars.......... $1,220 $1,232 $1,277 4.7 percent
         
Private service-providing:          
Current dollars.......... $565 $579 $591 4.7 percent
         
Information:                        
Current dollars.......... $884 $918 $923 4.5 percent
         
Other services:                     
Current dollars.......... $483 $497 $501 3.8 percent
         
Education and health                
services:                          
Current dollars.......... $604 $622 $624 3.3 percent
         
Wholesale trade:                  
Current dollars.......... $760 $771 $784 3.2 percent
         
Construction:                       
Current dollars.......... $801 $828 $821 2.6 percent
         
Mining and logging:                 
Current dollars.......... $987 $1,025 $1,008 2.1 percent
         
Leisure and hospitality:            
Current dollars.......... $271 $264 $276 2 percent
         
Trade, transportation, and          
utilities:                         
Current dollars.......... $528 $531 $538 1.9 percent
         
Transportation and                
warehousing:                     
Current dollars.......... $656 $664 $666 1.6 percent
         
Retail trade:                     
Current dollars.......... $380 $377 $383 0.8 percent
         
Goods-producing:                    
Current dollars.......... $755 $762 $760 0.7 percent
         
Manufacturing:                      
Current dollars.......... $715 $712 $710  down 0.7 percent
         
* preliminary        
 
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Last Updated on Wednesday, 19 August 2009 17:25