Austin had highest 1998 pay increase
January 03, 2000
In 1998, workers in Austin-San Marcos, Texas, had the largest increase in average annual pay of any metropolitan area in the country.
Average pay in the Austin area rose by 14.3 percent in 1998. Boulder-Longmont, Colorado, had the second highest increase in average annual pay at 13.9 percent. St. Cloud, Minnesota also had a double-digit increase in pay: 11.4 percent.
In comparison, average annual pay of employees in metropolitan areas nationwide increased by 5.2 percent from 1997 to 1998. None of the 315 metropolitan areas reported a decline in average annual pay.
These data on average annual pay are a product of the BLS Covered Employment and Wages program. Pay data presented here are for workers covered by State and Federal unemployment insurance programs. Find additional information in "Average Annual Pay Levels in Metropolitan Areas, 1998," news release USDL 99-374.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Austin had highest 1998 pay increase on the Internet at http://www.bls.gov/opub/ted/2000/jan/wk1/art01.htm (visited May 22, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.