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Wages for US workers grew 2.9% over past year, ADP reports

April 25, 2018

Wages for US workers grew 2.9% over the last year, increasing the average wage level by 57 cents to $27.36 an hour, according to the ADP Workforce Vitality Report, released today. The highest growth was in the Information industry where wages rose 5.6% to $41.38. The slowest growth was in the Resources and Mining industry where wages rose 1.7% to $34.96.

“In the first quarter of 2018 we saw an acceleration in wage growth for job switchers,” said Ahu Yildirmaz, co-head of the ADP Research Institute. “Additionally, as the labor market tightens, employers in some industries are paying a premium for talent with special skills. Job holders, job switchers and new entrants in the Construction and Information industries are all experiencing significant wage growth as employers seek to attract and retain the skilled labor these industries require.”

The ADP Workforce Vitality Report was developed by the ADP Research Institute.