BLS: Average weekly wage in R.I rises 6.8% Y/Y in Q1

PROVIDENCE – The average weekly wage in Rhode Island increased 6.8% year over year through the end of the first quarter of 2022 to $1,249, according to the U.S. Bureau of Labor Statistics Wednesday.

Though Rhode Island’s wage growth was the second-slowest in New England, it was one-tenth of a percentage point above the increase in the average national weekly wage of 6.7% at $1,184. Rhode Island’s average weekly wage was fourth highest in New England.

PBN Branded Content

The Most Undervalued Asset in Business: The Right Connection

By Emilio DiSpirito IV License Partner | Private Office Advisor Engel & Volkers Oceanside www.DiSpiritoteam.com…

Learn More

New England and national average weekly wages at the end of the first quarter (in order of highest average weekly wage):

• Maine: Increased 10.3% year over year to $1,103
• Connecticut: Increased 9.2% year over year to $1,716
• New Hampshire: Increased 7.8% year over year to $1,361
• Vermont: Increased 7.7% year over year to $1,107
• Rhode Island: Increased 6.8% year over year to $1,249
• Massachusetts: Increased 5.9%% year over year to $1,827
• United States: Increased 2.8% over the year to $1,184

New England and national employment at the end of the first quarter (in order of year-over-year growth rate):

• Massachusetts: Increased 5.3% year over year to 3.5 million
• Rhode Island: Increased 4.7% year over year to 469,300
• Connecticut: Increased 4.3% year over year to $1.6 million
• New Hampshire: Increased 4.3% year over year to 659,000
• Vermont: Increased 3.9% year over year to 295,800
• Maine: Increased 2.8% year over year to 604,100
• United States: Increased 5% to 147.6 million

County figures:

The report also included data for the largest 356 counties in the United States, including Providence County and Bristol County, Mass.

Providence County had an average weekly wage of $1,287 at the end of the quarter, a 6.4% increase year over year. The rate of increase ranked No. 207 among included counties. Employment in the county increased 3.9% year over year to 278,000. The employment increase rate ranked No. 174 among measured counties.

Bristol County, Mass., was reported to have an average weekly wage of $1,171 at the end of the quarter, a 9.3% increase year over year. The rate of increase ranked No. 61 among measured counties. Employment in the county increased 4.9% year over year (ranked No. 115 in the report) to 221,700.