According to job site Glassdoor, the annual median base pay in the United States grew 0.9 percent year over year (YOY) in January 2018 to $51,364.
The Glassdoor Local Pay Reports show pay growth ticked down slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.4 percent.
“Pay growth continues to be slow nationally, up just 0.9 percent from a peak in January 2017 of 3.4 percent. Wage increases especially took a hit in late spring of last year, and they are still recovering. Given steady job growth and a strong labor market, we anticipate wages will rise in the next several months. Our robust economy and healthy labor market provide us with a promising outlook for an increase in wages in the coming year,” said Dr. Andrew Chamberlain, chief economist of Glassdoor.
Top 10 jobs for fastest wage growth:
Emergency Medical Technician
For more information go online to the Glassdoor Economic Research blog.
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