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Best-Paying Cities for Electricians FacebookTwitterEmail Photo Credit: Alamy Stock Photo For anyone seeking a promising career option with plenty of opportunity in the next few decades, becoming an electrician would be a good choice. Electricians enter the field without four-year degrees and can instead opt for a less expensive trade school education or an apprenticeship that allows them to earn while they hone their skills. Demand for electricians’ services is already fairly steady, since everyone relies on electricity, but the field also has bright prospects. According to the Bureau of Labor Statistics, job opportunities in the field will grow by 8% this decade well above the overall job growth rate as more of the nation’s energy infrastructure transitions to renewable sources. And like professionals in many other trades, electricians are well-compensated for their work, bringing in a median annual wage of more than $56,000. ....
Cities With the Fastest Growing Wages Sign In Lattice, provided by FacebookTwitterEmail Photo Credit: Alamy Stock Photo Slow wage growth and increasing wage inequality have characterized the U.S. labor market for the past several decades. The COVID-19 pandemic has disproportionately impacted lower-wage workers, only serving to exacerbate these problems. Now, a year into the pandemic, millions of workers remain unemployed and many businesses still face restrictions. Over the past five years, average annual wages increased by 4.8%, after adjusting for inflation. However, much of the increase in average wages can be attributed to growing wages among the highest earners. According to an analysis of ....
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