NEWER POST

Baltimore Comic Podcaster Brings Kevin Pollak Home

OLDER POST

Baltimore's Outdated Office Towers Are an Inner Harbor Problem

Money & Power

Baltimore Second Worst Market for Wage-Growth

0 Written by: | Thursday, Mar 01, 2012 10:15am

Courtesy of Citybizlist – Baltimore witnessed the second-lowest wage growth across the nation, falling 0.1 percent on a year-on-year basis in the fourth quarter of 2011, according to a survey by PayScale.com.

The Seattle-based compensation survey firm said “workers in many locations are still feeling the slump – particularly when it comes to their paychecks,” even though the national unemployment rate is at its lowest level in three years.

Riverside, Calif., with a 3.1 percent fall in wages, was the worst job market in the country. Tampa, Fla., was third on the list with a fall of 0.1 percent; Dallas was fourth with a 0.1 percent rise; andNew York City came fifth with a 0.3 percent rise in wages.

The PayScale Index, a study of changes in wages for full-time, private-sector employees, identified the five top metro areas with the lowest growth in Q4 of 2011 compared with Q4 of 2010. The results were published on the job site Monster.com.

Katie Bardaro, PayScale’s analytics manager, blamed the weak wages growth in the five metro areas on lack of economic diversity and high presence of weak industries, such as construction and hospitality.

Read more at Citybizlist

Leave a Reply



    NEWER POST

    Baltimore Comic Podcaster Brings Kevin Pollak Home

    OLDER POST

    Baltimore's Outdated Office Towers Are an Inner Harbor Problem

    Most Comments This Week

    13

    OxyClean and Oxycontin: The Mothership Visits Boston

    Written by Marion Winik

    Wednesday, Jul 01, 2015 9:26am

    5

    Mixed Reactions to NY Times Baltimore Story

    Written by Rachel Monroe

    Monday, Jul 06, 2015 8:49am

    2

    Sheila Dixon Will Challenge SRB in 2016 Mayor's Race

    Written by Stephen Babcock

    Wednesday, Jul 01, 2015 2:26pm

    1

    Red Line

    Written by Elizabeth Bastos

    Friday, Jul 03, 2015 7:54am

    Recent Comments

    Thomas Carson
    planetmom
    Mixed Reactions to NY Times Baltimore Story

    "I really felt the NYT was short on anything to print this past Sunday and that is how the...

    Bill Mcallen
    Mixed Reactions to NY Times Baltimore Story

    "The writers goal is simply to get paid for a story by NYT. You could cut and paste any...

    Darragh Brady
    Mixed Reactions to NY Times Baltimore Story

    "I am not born and bred in Baltimore- I spent all of my formative years in NYC- I moved...

    Kat Hudson
    Mixed Reactions to NY Times Baltimore Story

    "I had pretty mixed feelings about the essay. Some of it rings very true to me, as I, too,...