Weekly wages climb 3.4% in 2Q in Providence County

PROVIDENCE County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said.
PROVIDENCE County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said.

PROVIDENCE – Providence County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said Wednesday.
That’s a 3.4 percent increase over the year for Providence County, ranking it 73rd for growth among the 344 largest counties in the U.S.
Among the 344 largest counties, 304 had over-the-year increases in average weekly wages. McLean, Ill., had the largest percentage wage increase among the largest U.S. counties at 21 percent, to $1,159. This was boosted by a 21 percent gain in financial activities wages.
An additional 36 counties experienced over-the-year decreases in average weekly wages, with Ventura, Calif., experiencing the largest percentage decrease in average weekly wages at 8.4 percent, to $986. Ventura’s decline was led by a 34.4 percent decrease in manufacturing wages.

Nationwide, the average weekly wage increased 2.2 percent, or $21, over the year.

National employment totaled 142.7 million in June, increasing 1.5 percent.

Employment increased in 291 of the 344 largest counties, with Williamson, Tenn., reporting the largest percentage increase over the year at 6.7 percent. Midland, Texas, had the largest over-the-year percentage decrease in employment among the largest counties in the U.S., with a loss of 8.3 percent.
Providence County ranked 287th for its 0.1 percent increase in employment over the year in June, to 285,100.
Rhode Island experienced a 0.6 percent increase in employment over the time period to 482,900.

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