The Employment and Wage Picture

Workers in* the District had the third-highest pay in the country in the third quarter, with weekly wages clocking in at $1,376. Arlington was not far behind, at $1,364, and Fairfax was No. 9, at $1,244.
Wages in the Washington region went up in the third quarter, according to numbers the Bureau of Labor Statistics released today, with the biggest gain (6.4 percent) coming in Alexandria ($1,130). (The BLS compares the District against counties.)
The cost of living nationwide rose 2.4 percent in that same period.
The average weekly wage in the United States was $818; that was up 4.3 percent from the third quarter of 2006. Employment rose 0.9 percent over that period.
A roundup of the local third-quarter numbers:
Fairfax: Wages up 5.3 percent, to $1,244, employment up 0.7 percent.
Arlington: Wages up 3.6 percent, to $1,364, employment up 3.8 percent.
Alexandria: Wages up 6.4 percent, to $1,130, employment down 1.4 percent.
Loudoun: Wages up 4.6 percent, to $1,011, employment up 1.5 percent.
Prince William: Wages up 6 percent, to $755, employment down 0.6 percent.
Montgomery County: Wages up 5.1 percent, to $1,090, employment down 0.3 percent.
Howard: Wages up 3.7 percent, to $945, employment up 0.9 percent.
Prince George's: Wages up 3.9 percent, to $901, employment up 1.2 percent.
The District: Wages up 5.3 percent, to $1,376, employment up 0.6 percent.

*This entry has been corrected. It used to says "residents of," but wage and employment data is reported by employers, so we're talking about people who work in an area, not necessarily those who live there.

By Terri Rupar  |  April 10, 2008; 11:45 AM ET  | Category:  Economy
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The wages may have gone up (though I doubt it) but the cost of living increased more. So we're not really any better off.

Posted by: where's MY money? | April 10, 2008 4:05 PM

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