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Report: Grand Rapids metro has 17th-fastest wage growth - Grand Rapids Business Journal


Report: Grand Rapids metro has 17th-fastest wage growth
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A new report shows Grand Rapids had a 5.2% wage growth rate over five years the 17th-fastest rate among large U.S. metropolitan areas.
Hire a Helper used data from the U.S. Bureau of Labor Statistics to compile the report, the Cities with the Fastest Growing Wages, published last week, and Grand Rapids-Wyoming was ranked 17th out of 53 of the nation’s largest metro areas.
To determine the metros with the fastest-growing wages, researchers at Hire a Helper analyzed data from the Bureau of Labor Statistics’ 2019 and 2014 Occupational Employment Statistics data. The researchers ranked metro areas according to the inflation-adjusted five-year change in average wages across all workers. Researchers also calculated the occupation with the largest inflation-adjusted wage increase from 2014 to 2019 in each location. ....

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