Chart 7. First-quarter median weekly wages, by direction of employment changes, 1993–2020
Year Opening establishments Expanding establishments Closing establishments Contracting establishments

1993

$242.0 $297.3 $207.6 $303.1

1994

252.0 307.2 215.8 310.5

1995

258.2 325.3 224.5 329.6

1996

267.3 335.7 232.5 341.2

1997

285.2 347.1 242.8 352.0

1998

297.0 361.8 259.7 362.1

1999

311.0 369.1 277.0 378.4

2000

364.1 402.9 296.0 410.0

2001

367.6 417.6 308.3 432.2

2002

361.0 419.8 323.5 446.5

2003

355.2 428.7 320.7 447.4

2004

371.7 442.1 329.0 455.3

2005

372.9 452.0 343.9 458.7

2006

405.9 488.0 362.5 493.8

2007

416.7 501.7 374.2 510.3

2008

422.8 515.0 379.9 522.8

2009

393.0 479.7 385.9 539.4

2010

405.9 494.5 382.7 509.1

2011

413.3 512.3 385.6 512.9

2012

380.6 534.9 436.0 547.5

2013

475.7 540.3 462.5 550.2

2014

474.8 547.7 466.4 555.6

2015

493.6 560.2 498.0 569.4

2016

507.4 568.8 545.5 581.9

2017

538.1 607.7 535.6 613.0

2018

555.8 630.7 555.0 630.7

2019

573.0 649.1 594.0 651.8

2020

572.9 683.5 507.9 667.4

Source: U.S. Bureau of Labor Statistics.