Financial sector had biggest raise in 2000
September 26, 2001
The largest over-the-year percentage pay increase in the private sector was registered in the finance, insurance, and real estate industry (9.1 percent) in 2000. The next largest were in manufacturing and services (6.8 percent each), followed by mining (6.4 percent).
The smallest pay gain in 2000 among the major private industry divisions occurred in the transportation, communications, and public utilities industry (4.4 percent). The annual pay increase for the public sector, which includes Federal, state, and local government, was 4.1 percent.
The BLS Quarterly Census of Employment and Wages program produced these data. Pay data presented here are for all workers covered by State and Federal unemployment insurance programs. Data for 2000 are preliminary and subject to revision. Find more information on pay in 2000 in "Average Annual Pay By State and Industry, 2000," news release USDL 01-295.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Financial sector had biggest raise in 2000 on the Internet at http://www.bls.gov/opub/ted/2001/sept/wk4/art03.htm (visited March 27, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.