ActionfigureJoe Posted July 20, 2018 Share Posted July 20, 2018 How’s those corporate tax cuts working out? https://www.google.com/amp/s/articles.oregonlive.com/business/index.ssf/2018/07/us_job_growth_remains_strong_w.amp Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 20, 2018 Platinum Contributing Member Share Posted July 20, 2018 Just now, ActionfigureJoe said: How’s those corporate tax cuts working out? https://www.google.com/amp/s/articles.oregonlive.com/business/index.ssf/2018/07/us_job_growth_remains_strong_w.amp Ten Largest U.S. Counties All of the 10 largest counties had over-the-year percentage increases in employment in December 2017. Maricopa, Ariz., had the largest gain (3.0 percent). Within Maricopa, construction had the largest over- the-year employment level increase, with a gain of 10,168 jobs, or 9.7 percent. Cook, Ill., had the smallest percentage increase in employment among the 10 largest counties (0.6 percent). Within Cook, education and health services had the largest over-the-year employment level increase, with a gain of 6,515 jobs, or 1.5 percent. (See table 2.) Average weekly wages increased over the year in all of the 10 largest U.S. counties. New York, N.Y. experienced the largest percentage gain in average weekly wages (10.4 percent). Within New York, financial activities had the largest impact on the county’s average weekly wage gain. Within financial activities, average weekly wages increased by $1,032, or 22.4 percent, over the year. Harris, Texas, had the smallest percentage gain in average weekly wages among the 10 largest counties (2.4 percent). Within Harris, trade, transportation, and utilities had the largest impact on the county’s average weekly wage growth with an increase of $49 (4.3 percent) over the year. https://www.bls.gov/news.release/cewqtr.nr0.htm Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 20, 2018 Platinum Contributing Member Share Posted July 20, 2018 Just now, ActionfigureJoe said: How’s those corporate tax cuts working out? https://www.google.com/amp/s/articles.oregonlive.com/business/index.ssf/2018/07/us_job_growth_remains_strong_w.amp Average hourly pay rose just 2.7 percent in June from 12 months earlier. That relatively modest increase means that, after adjusting for inflation, overall wages remain nearly flat. But the average was skewed downward in June because the job seekers were mainly those with only a high school education or less, who are generally paid lower wages, Barrera noted. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 20, 2018 Platinum Contributing Member Share Posted July 20, 2018 Really not that bad. Above inflation. https://www.bls.gov/opub/ted/2018/compensation-costs-for-private-industry-workers-rose-2-point-8-percent-for-year-ending-march-2018.htm Compensation costs for private industry workers rose 2.8 percent for year ending March 2018 MAY 03, 2018 Compensation costs for private industry workers rose 2.8 percent over the 12 months ending March 2018. Wages and salaries, which make up about 70 percent of compensation costs, increased 2.9 percent over that period, while the cost of benefits rose 2.5 percent. Employer costs for health benefits increased 1.5 percent for the 12-month period ending March 2018. Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending March 2018 ranged from 2.6 percent for both management, professional, and related occupations and natural resources, construction, and maintenance occupations to 3.3 percent for production, transportation, and material moving occupations. Among industry supersectors, compensation cost increases for private industry workers ranged from 2.3 percent for education and health services to 3.3 percent for financial activities. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted July 20, 2018 Author Share Posted July 20, 2018 4 minutes ago, Highmark said: Ten Largest U.S. Counties All of the 10 largest counties had over-the-year percentage increases in employment in December 2017. Maricopa, Ariz., had the largest gain (3.0 percent). Within Maricopa, construction had the largest over- the-year employment level increase, with a gain of 10,168 jobs, or 9.7 percent. Cook, Ill., had the smallest percentage increase in employment among the 10 largest counties (0.6 percent). Within Cook, education and health services had the largest over-the-year employment level increase, with a gain of 6,515 jobs, or 1.5 percent. (See table 2.) Average weekly wages increased over the year in all of the 10 largest U.S. counties. New York, N.Y. experienced the largest percentage gain in average weekly wages (10.4 percent). Within New York, financial activities had the largest impact on the county’s average weekly wage gain. Within financial activities, average weekly wages increased by $1,032, or 22.4 percent, over the year. Harris, Texas, had the smallest percentage gain in average weekly wages among the 10 largest counties (2.4 percent). Within Harris, trade, transportation, and utilities had the largest impact on the county’s average weekly wage growth with an increase of $49 (4.3 percent) over the year. https://www.bls.gov/news.release/cewqtr.nr0.htm We could do this all day. https://www.bls.gov/opub/ted/2018/mobile/real-average-hourly-earnings-unchanged-from-june-2017-to-june-2018.htm Quote Link to comment Share on other sites More sharing options...
Momorider Posted July 20, 2018 Share Posted July 20, 2018 1 minute ago, ActionfigureJoe said: We could do this all day. https://www.bls.gov/opub/ted/2018/mobile/real-average-hourly-earnings-unchanged-from-june-2017-to-june-2018.htm And you would still be every time Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted July 20, 2018 Author Share Posted July 20, 2018 2 minutes ago, Highmark said: Really not that bad. Above inflation. https://www.bls.gov/opub/ted/2018/compensation-costs-for-private-industry-workers-rose-2-point-8-percent-for-year-ending-march-2018.htm Compensation costs for private industry workers rose 2.8 percent for year ending March 2018 MAY 03, 2018 Compensation costs for private industry workers rose 2.8 percent over the 12 months ending March 2018. Wages and salaries, which make up about 70 percent of compensation costs, increased 2.9 percent over that period, while the cost of benefits rose 2.5 percent. Employer costs for health benefits increased 1.5 percent for the 12-month period ending March 2018. Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending March 2018 ranged from 2.6 percent for both management, professional, and related occupations and natural resources, construction, and maintenance occupations to 3.3 percent for production, transportation, and material moving occupations. Among industry supersectors, compensation cost increases for private industry workers ranged from 2.3 percent for education and health services to 3.3 percent for financial activities. Barely above inflation. We were doing better under Obama taking real wages and inflation under consideration. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 20, 2018 Platinum Contributing Member Share Posted July 20, 2018 (edited) 2 minutes ago, ActionfigureJoe said: Barely above inflation. We were doing better under Obama taking real wages and inflation under consideration. Really? Your last chart was showing pretty significant drop from 2014? Low inflation isn't always a good thing. Real hourly earnings isn't the same as real compensation. Real Earnings technical note Technical Note The earnings series presented in this release are derived from the Bureau of Labor Statistics’ Current Employment Statistics (CES) survey, a monthly establishment survey of employment, payroll, and hours. The deflators used for constant-dollar earnings series presented in this release come from the Consumer Price Indexes Program. The Consumer Price Index for All Urban Consumers (CPI-U) is used to deflate earnings for the all employees series, while the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is used to deflate earnings for the production and nonsupervisory employees series. Edited July 20, 2018 by Highmark Quote Link to comment Share on other sites More sharing options...
Momorider Posted July 20, 2018 Share Posted July 20, 2018 Just now, ActionfigureJoe said: Barely above inflation. We were doing better under Obama taking real wages and inflation under consideration. Quote Link to comment Share on other sites More sharing options...
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