wages

2021 Economic Outlook

Economic recovery prospects in the Pittsburgh metro region are challenging for 2021. Government-mandated business closures and capacity limitations have sunk the metropolitan area’s labor force into steeper-than-average declines, undermining the ability of existing household consumption and business expenditures to reignite economic gains in the near term. New stimulus from the federal government may well provide …

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Local Wages Rise, but Growth is Slow

Wages in the seven-county Pittsburgh Metropolitan Statistical area continued to grow in the second quarter of 2019, but at a slower rate than the average among Pittsburgh Today benchmark regions, according to U.S. Bureau of Labor Statistics data. The region’s average weekly wage rose from $1,134 to $1,159 from the second quarter of 2018 to …

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Widening Wage Gap Separates White and Minority Workers

The gap between white and minority workers grew by a whopping 62 percent from 2007 to 2017 in the Pittsburgh metropolitan area, according to a new report from the Federal Reserve Bank of Cleveland. The report’s authors said the findings, based on data from the Brookings Institution’s Metro Monitor Report for 2019, point to weaknesses …

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Paychecks on the Rise

Wages in southwestern Pennsylvania are rising steadily. In fact, the rate of increase was greater than all but two of the 15 Pittsburgh Today’s benchmark regions in the second quarter of 2018. The average weekly wage in the seven-county Pittsburgh Metropolitan Statistical Area was $1,042 in the second quarter of 2018, according to the latest …

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