"With unemployment hovering around historic lows, employers' need to fill roles climbs," said Glassdoor Chief Economist Andrew Chamberlain in a press release. "What results is that more workers, especially in high demand industries like healthcare, finance, and e-commerce, are in the driver's seat to negotiate for better pay in order to fill these roles."
The Glassdoor data showed that traditional blue-collar jobs -- such as truck driver, warehouse associate, and materials handler -- posted large wage gains. The increases were tied to the increasing demand for manpower in those areas created by growth in e-commerce, and Chamberlain expects that wages for these positions will continue to climb throughout 2018.
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Which jobs saw the biggest increases?As you can see on the chart below, a number of traditionally lower-paying jobs saw increases well above the average. That appears to be a simple case of supply and demand. As the pool of available workers shrinks, companies have to pay more to fill even low-level positions.
Glassdoor tracks 84 different job titles for the study. Below are the 10 with the fastest growth in median base pay for full-time workers, compared to the June 2017.
Job title | Median base pay | YoY % change |
Bank Teller | $31,108 | 8.1% |
Truck Driver | $54,659 | 7.3% |
Warehouse Associate | $43,961 | 6.8% |
Design Engineer | $72,261 | 5.5% |
Material Handler | $36,179 | 5.1% |
Tax Manager | $97,213 | 5.1% |
Java Developer | $77,096 | 5% |
Cashier | $28,017 | 4.9% |
Retail Key Holder | $29,746 | 4.9% |
Security Officer | $35,554 | 4.7% |
Data source: Glassdoor
Not all wages are risingWhile the tight job market and the growth of e-commerce have boosted workers' pay in some areas, in others, employers have been cutting wages. In some cases, that may be due to high-paying job categories attracting a growing number of applicants for open positions, and thus given those who are offered them less leverage to negotiate salary. In other cases, automation is at least partly to blame.
Job title | Median base pay | �Yoy % change |
Network Engineer | $66,257 | �(3.7%) |
Loan Officer | $43,988 | (3.3%) |
Physical Therapist | $72,080 | (2.3%) |
Producer | $51,702 | (2.2%) |
Web Designer | $50,738 | (0.8%) |
Communications Manager | $66,321 | (0.7%) |
Project Manager | $72,583 | (0.6%) |
Data Scientist | $94,912 | (0.2%) |
UX Designer | $77,134 | (0.1%) |
Professor | $87,664 | (0.1%) |
Someone who is pursuing a doctorate in their field with an eye toward becoming a college professor is unlikely to give up on their dream because the salary for such jobs has slipped a bit. For workers without advanced degrees -- and those without degrees at all -- this data indicates where demand is greatest.
It may make sense for someone working in retail today to pursue the training needed to become a warehouse associate or truck driver. While the positions topping the wage growth lists may change, the broader need for more workers in areas that support the growing e-commerce segment is unlikely to fade any time soon.
FacebookTwitterGoogle+LinkedIn16 states where incomes are booming FullscreenPost to FacebookPosted!A link has been posted to your Facebook feed.
During the Great Recession, U.S. gross domestic product declined 4.3%. Since then, the economy has rebounded and is now in one of the longest periods of expansion on record. As the economy recovered, the U.S. labor market also began to improve. The unemployment rate dropped from 8.1% in 2012 to 4.4% in 2017, and total employment increased by over five million people. Personal income also grew by 11.2% across the nation in that time frame, while per capita personal income increased by 7.2%. To determine the states where personal incomes are booming, 24/7 Wall St. reviewed total personal income change from the the U.S. Bureau of Economic Analysis. Personal incomes in the 16 states listed here grew by more than the nation��s 11.2% growth rate from 2012 to 2017. AndreyKrav / iStockFullscreen 16. North Carolina: Personal income growth (2012-2017): +12.5%. North Carolina's population grew at a 5.0% pace between 2012 and 2017 as the state attracted nearly 475,000 new residents. With North Carolina's personal income increasing by 12.5% since 2012, financial prosperity may have been a driving factor in migration. ThinkstockFullscreen 15. Hawaii: Personal income growth (2012-2017): +12.5%. Though Hawaii is often considered a vacation destination, it is also has one of the best job markets in the country. Hawaii's annual unemployment rate of just 2.4% is the lowest in the nation. As more people in the labor force find work, personal income increases. ThinkstockFullscreen 14. Michigan: Personal income growth (2012-2017): +12.6%. Michigan's economy has undergone a significant turnaround in recent years. The state's unemployment improved significantly, dropping from 10.4% in 2011 to 4.6% in 2017. This may be partly behind the state's 12.6% increase in personal income since 2012. ThinkstockFullscreen 13. Delaware: Personal income growth (2012-2017): +12.7%. No state has a higher share of workers in the financial sector than Delaware. Some 10.5% of the state's labor force works in the finance sector, a generally high-paying industry. Employment in Delaware's finance industry grew by 5.7% over the last decade, one of the higher growth rates for the industry nationwide. ThinkstockFullscreen 12. Tennessee: Personal income growth (2012-2017): +12.8%. Tennessee added over 80,000 professional and business service jobs over the last 10 years, a 25.8% increase. The professional and business service sector is one of the higher-paying industries, and the industry's employment increase likely contributed to the Volunteer State's 12.8% increase in personal income since 2012. f11photo / ThinkstockFullscreen 11. South Carolina: Personal income growth (2012-2017): +15.8%. Personal income in South Carolina has grown by 15.8% since 2012, likely because more people in the state have become employed. The unemployment rate declined from 9.2% in 2011 to 4.3% in 2017, one of the steepest drops in the nation. Employment in the state increased by 12.2% over that period, one of the larger increases of any state. ThinkstockFullscreen 10. Florida: Personal income growth (2012-2017): +16.2%. As Florida's population has grown more than any state in the country, personal incomes are also growing faster than most other states. A net of over 1.9 million people have migrated to the Sunshine State since 2010, a 10.3% growth rate. Both figures are higher than any other state. ThinkstockFullscreen 9. Georgia: Personal income growth (2012-2017): +16.6%. Georgia's personal income grew by 16.6% between 2012 and 2017, largely bolstered by the state's trade, transportation, and utilities industry. The sector accounts for 21.1% of all Georgia jobs and employment in the industry has grown 5.3% over the last 10 years. ThinkstockFullscreen 8. California: Personal income growth (2012-2017): +16.6%. As home to Silicon Valley, California is the hub of America's high-paying tech jobs. Employment in California's information industry grew 12.0% over the past decade, a time when the American information industry lost 7.8% of its jobs. Though it accounts for just 3.1% of California's employment, the high-paying information sector has likely contributed to rising personal income in California. ThinkstockFullscreen 7. Oregon: Personal income growth (2012-2017): +17.5%. Personal income rose significantly in Oregon between 2012 and 2017, and it appears that the improvement resulted in a number of state residents exiting poverty. The poverty rate in Oregon dropped from 17.2% in 2012 to 13.3% in 2016 -- the largest percentage point drop of any state during that time. ThinkstockFullscreen 6. Arizona: Personal income growth (2012-2017): +18.1%. Arizona representatives have convinced several companies to relocate from California, bolstering the state's tech and financial sectors. Over the last 10 years, the number of workers in Arizona's information industry grew 8.7% and its financial industry spiked 14.6% during the same time -- both among the highest growth rates of any state. miroslav_1 / iStockFullscreen 5. Washington: Personal income growth (2012-2017): +18.2%. Major tech companies like Amazon are likely the key catalysts behind Washington's high personal income growth. Some 3.8% of workers in Washington are employed in the information industry, a higher share than in any other state. The state's tech industry has undergone massive growth over the last decade, with the number of jobs ballooning 23.5% over the last 10 years. ThinkstockFullscreen 4. Nevada: Personal income growth (2012-2017): +18.5%. Though Nevada is famous for Las Vegas, the state's leisure and hospitality industry grew less than that of every other state since 2007. Nevada's personal income growth was likely helped most by the education and health services sector, which grew its workforce 43.6% since 2007 and now employs 9.9% the state's labor force. ThinkstockFullscreen 3. Colorado: Personal income growth (2012-2017): +18.7%. Colorado's unemployment rate dropped by more than 5 percentage points since 2012 through 2017, one of the largest drops in the country. The leisure and hospitality sector added 63,000 jobs in the past decade, which likely contributed to the state's rise in personal income. It also helped offset the employment decline in Colorado's information industry, which shrank by 4,700 jobs, or 6.2%, over the same time. ThinkstockFullscreen 2. Idaho: Personal income growth (2012-2017): +19.0%. Over the past five years, Idaho's employment increased 15.4%, likely contributing to the Gem State's 19.0% personal income growth. The number of manufacturing jobs nationwide declined by more than 10% over the past 10 years. In Idaho, however, the manufacturing industry increased slightly, and it currently makes up 9.3% of the state's workforce. ThinkstockFullscreen 1. Utah: Personal income growth (2012-2017): +20.9%. Utah's personal income has grown by 20.9% since 2012, the highest rate of growth of all 50 states. This boost has come as the state workforce has also grown faster than any other state. Between 2012 and 2017, state employment grew from or seeking work grew from 1.25 million to 1.47 million. That 17.4% increase was the largest of any state. Utah's growing tech industry, which tends to have growing and high wages, likely helped contribute to the state's nation-leading income growth. ThinkstockFullscreenInterested in this topic? 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