Wednesday, June 20, 2012

Washington state wages up 3.6% in 2011

Wages in Washington state grew by 3.6 percent in 2011, with much of the increase led by a rise in the number of workers earning more than $75,000 a year, according to the Washington State Employment Security Department.

Annual average wages that are covered by unemployment insurance went from $48,162 in 2010 to $49,894 in 2011, growing faster than Seattle-area inflation by 0.9 percentage points.

The number of insured workers earning more than $75,000 a year grew 7.5 percent in 2011.

?Month to month, we?ve been seeing strong growth in industries that tend to offer above-average pay, and that seems to be reflected in last year?s earnings,? Employment Security Commissioner Paul Trause said in a statement.

The three industries with the strongest wage growth were the information sector, up 9.5 percent; company management, up 7.9 percent; and manufacturing, up 5 percent.

The Seattle area has seen the most growth in technology jobs in the country, according to a recent study.

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