The latest local pay report from global job portal Glassdoor shows a steady 2.9% growth in US wages year on year.
The results, released in February reveal stable pay growth over the past several months despite a slight decrease from last month’s revised 3.1 percent wage growth pace in the US.
The Glassdoor Local Pay Reports provide a unique view into the country’s wage picture with salary estimates for more than 60 job titles across multiple industries and year-over-year pay growth trends in the United States and five major metros: Chicago, Houston, Los Angeles, New York City and San Francisco.
“The wage growth picture across the United States reflects our overall economy, which has now reached 92 consecutive months of economic expansion; wages are stable and steadily growing. The Glassdoor Local Pay Reports show continued pay growth across the country, up 2.9 percent compared to last year,” said Dr. Andrew Chamberlain, chief economist of Glassdoor.