Latest news with #BureauofLaborStatistics
Yahoo
a day ago
- Business
- Yahoo
California has one of highest average hourly pay in the nation. See federal data
California residents are among the highest hourly earners in the United States, according to the latest data released by the U.S. Bureau of Labor Statistics. The Bureau of Labor Statistics released its total private average hourly earnings by state, along with the average weekly earnings and the average number of hours Americans work per week as of June 2025. Here's the average hourly salary for California, along with its comparison to other states: What is the average hourly pay in California? On average, residents in the Golden State earn $41.22 per hour, according to the Bureau of Labor Statistics. This figure is not seasonally adjusted. The Bureau of Labor Statistics also noted that the average worker in California works 33.2 hours per week. California's average hourly pay is the highest among the 50 states. Only Washington, D.C., Washington and California have a higher average hourly wage. Where do people earn the most per hour? Employees in the nation's capital of Washington, D.C., earn the most money with an average hourly pay of $54.21 per hour. Out of all 50 states, here are the places with the highest average hourly pay: Washington: $42.26 Massachusetts: $42.00 California: $41.22 Colorado: $39.19 Minnesota: $39.17 New York: $39.14 Connecticut: $38.98 New Jersey: $37.87 Hawaii: $37.62 Alaska: $37.49 How does California's average hourly pay compare to other states in the west? Washington: $42.26 Oregon: $36.83 Arizona: $34.63 Nevada: $32.01 California's unemployment rate remains stable as its economy adds jobs The unemployment rate in California in June 2025 held steady at 5.4%, according to state statistics. The seasonally adjusted rate in May 2025 was 5.3%. California's economy is estimated to have increased by 17,700 jobs, according to a department press release. The national unemployment rate in June 2025 was 4.1%, according to the Bureau of Labor Statistics. Contributing: USA TODAY Network This article originally appeared on Palm Springs Desert Sun: California's average hourly earnings rank among highest in US Solve the daily Crossword
Yahoo
2 days ago
- Business
- Yahoo
New DesignRush Report: Idaho Sees 26% Tech Salary Spike, Ranks #1 Nationwide
Remote work migration, infrastructure demand, and major investments are driving tech pay increases in the Gem State. Miami, Florida--(Newsfile Corp. - July 18, 2025) - A new report from DesignRush reveals that Idaho now ranks #1 in the U.S. for tech salary growth, with a 26.13% increase in real earnings over the past decade-outpacing every other state. The 2025 Tech Salary Performance Report analyzes inflation-adjusted salary data from the U.S. Bureau of Labor Statistics across six core tech roles, comparing 2014 to 2024 earnings. While the national average tech salary grew just 7.5%, Idaho's growth was over 3x higher, fueled by the rise of remote work, demand for network infrastructure, and pro-business state policies. Key Highlights From the Report: Idaho leads the nation with a 26.13% increase in tech salaries-growing from $94,687 in 2014 to $119,425 in 2024. Boise ranks #8 out of 277 U.S. cities for tech salary growth-solidifying its status as a new national tech hotspot. Boise's tech wages rose 10.3% in just one year (2022-2023), outpacing state-level growth. Network Architect roles saw nearly +31% growth, showing infrastructure-driven demand. Idaho's tech economy is valued at $9.8 billion, supporting 51,000 tech jobs. The state projects 12% tech job growth by 2029, signaling long-term momentum. Top 10 U.S. States for Tech Salary Growth Between 2014-2024 To view an enhanced version of this graphic, please visit: Boise Ranks Among Top 10 U.S. Cities for Tech Pay Growth The report also highlights that Boise ranks #8 out of 277 U.S. cities for tech salary growth. #8 Best City Nationwide for tech salary growth (2014-2024) 0.3% year-over-year salary growth (2022-2023) 116% surge in tech job applications from recent college grads (2021-2023) Major employers High demand for infrastructure and DevOps, with salaries ranging from $157,000 to $210,000 From 2014 to 2024, Boise saw a 36.53% increase, with wages rising from $83,885 to $114,530. Year-over-year from 2022 to 2023 alone, local wages climbed 10.3%, outpacing the statewide average. "Idaho's tech economy is benefiting from the migration of remote workers, major semiconductor investments, and aggressive tax incentives," said Anonta Khan, PR Manager at DesignRush. "Boise, in particular, is drawing tech talent from across the country while delivering real wage gains that outpace national trends." What's Driving Idaho's Tech Salary Surge? 30% tax credit for companies creating 50+ jobs Major employer investment +31% salary growth for Network Architect roles, driven by infrastructure needs STEM education pipelines and workforce initiatives fueling skilled local talent About DesignRush DesignRush is a platform that helps businesses find top agencies in design, tech, marketing, and more. We also publish research and rankings to help business leaders make smart decisions. Media Contact:Anonta KhanPR Manager, DesignRushEmail: anonta@ To view the source version of this press release, please visit Sign in to access your portfolio
Globe and Mail
2 days ago
- Business
- Globe and Mail
New DesignRush Report: Idaho Sees 26% Tech Salary Spike, Ranks #1 Nationwide
Remote work migration, infrastructure demand, and major investments are driving tech pay increases in the Gem State. Miami, Florida--(Newsfile Corp. - July 18, 2025) - A new report from DesignRush reveals that Idaho now ranks #1 in the U.S. for tech salary growth, with a 26.13% increase in real earnings over the past decade-outpacing every other state. The 2025 Tech Salary Performance Report analyzes inflation-adjusted salary data from the U.S. Bureau of Labor Statistics across six core tech roles, comparing 2014 to 2024 earnings. While the national average tech salary grew just 7.5%, Idaho's growth was over 3x higher, fueled by the rise of remote work, demand for network infrastructure, and pro-business state policies. Key Highlights From the Report: Idaho leads the nation with a 26.13% increase in tech salaries-growing from $94,687 in 2014 to $119,425 in 2024. Boise ranks #8 out of 277 U.S. cities for tech salary growth-solidifying its status as a new national tech hotspot. Boise's tech wages rose 10.3% in just one year (2022-2023), outpacing state-level growth. Network Architect roles saw nearly +31% growth, showing infrastructure-driven demand. Idaho's tech economy is valued at $9.8 billion, supporting 51,000 tech jobs. The state projects 12% tech job growth by 2029, signaling long-term momentum. To view an enhanced version of this graphic, please visit: Boise Ranks Among Top 10 U.S. Cities for Tech Pay Growth The report also highlights that Boise ranks #8 out of 277 U.S. cities for tech salary growth. From 2014 to 2024, Boise saw a 36.53% increase, with wages rising from $83,885 to $114,530. Year-over-year from 2022 to 2023 alone, local wages climbed 10.3%, outpacing the statewide average. "Idaho's tech economy is benefiting from the migration of remote workers, major semiconductor investments, and aggressive tax incentives," said Anonta Khan, PR Manager at DesignRush. "Boise, in particular, is drawing tech talent from across the country while delivering real wage gains that outpace national trends." What's Driving Idaho's Tech Salary Surge? 30% tax credit for companies creating 50+ jobs Major employer investment +31% salary growth for Network Architect roles, driven by infrastructure needs STEM education pipelines and workforce initiatives fueling skilled local talent About DesignRush DesignRush is a platform that helps businesses find top agencies in design, tech, marketing, and more. We also publish research and rankings to help business leaders make smart decisions.
The Hill
3 days ago
- Business
- The Hill
Immigration whiplash is hurting American businesses during a labor crisis
Over the last month, American businesses have faced a destabilizing whiplash of immigration enforcement proposals. What began as a reported pause on raids targeting farms, hotels and other industries quickly reverted to aggressive action — with U.S. Immigration and Customs Enforcement agents returning to fields and factory floors just days later. These shifts are more than policy tweaks — they are actively undermining the ability of American employers to operate, staff, and grow during a severe labor shortage that is on track to become much worse. The whiplash for America's employers has been painful. Most recently, President Trump alluded to possible worker protections for certain industries, echoing statements that assured farmers that they could continue to use undocumented labor, stating ' we can't put the farms out of business.' On June 12, Trump suggested a reprieve for key sectors, leading many to believe a targeted pause was in effect. By June 16, enforcement had resumed in full force, with top officials like border czar Tom Homan flatly denying any exemptions had ever been granted. The lack of clarity — compounded by differing statements from within the administration — has left employers scrambling. Businesses that rely heavily on consistent staffing — whether it's a vineyard in California or a food processing plant in Iowa — are suddenly operating in fear that their workforce may vanish overnight. This isn't just a political problem. It's an economic one — and it's getting worse. America's workforce is facing a perfect storm. The labor shortage, exacerbated by demographic shifts, aging population, declining participation, mismatch of skills and the lingering effects of the pandemic, has left employers struggling to fill jobs in critical industries, from health care to construction to hospitality. Even more daunting is that this problem will continue for years to come, as the Department of Labor's Bureau of Labor Statistics projections show a continuing fall in the labor force participation rates through 2030. Expanding legal workforce pathways is a pragmatic and proven way to address labor shortages. This is most recently evidenced in a recently published landmark report by The Committee to Unleash Prosperity, The Impact of Immigrants on the 21st Century American Workforce, which makes clear that legal immigration isn't a drag on the U.S. economy — it is the only viable and immediate path forward. Authors Richard Vedder, Matthew Denhart and Stephen Moore — economists and thought leaders from institutions like Ohio University, the Calvin Coolidge Presidential Foundation and the Heritage Foundation — outline the demographic realities that underscore this crisis: from 2020 to 2040, all net growth in the American labor force will come from immigrants and their children. The math is stark. The U.S. is aging rapidly, birth rates are falling, and millions of baby boomers are retiring. Native-born Americans of working age are not entering the labor force in sufficient numbers to maintain growth. Immigrants, by contrast, are younger, more likely to work, and more concentrated in prime working years. In fact, immigrants are twice as likely as native-born Americans to be in the 18–64 age bracket, and they have a higher labor force participation rate — 65 percent compared to 60 percent. Businesses are not asking for amnesty. They are asking for predictability. They are asking for a system that allows them to hire legally and maintain continuity in their operations without living in fear that tomorrow's policy memo will upend their workforce. A thoughtful and well-targeted legal immigration system, as the Unleash Prosperity report argues, is 'more important today than ever given the aging of our native-born population.' Some policymakers seem to understand these needs. Even among conservatives, there's growing recognition that legal immigration is essential to achieving any long-term economic growth target. Stephen Moore, a former senior economic adviser to President Trump, puts it plainly: 'Trump's goal to grow by 3 percent over the next decade will be difficult, without an ample influx of immigrants to compensate for an aging American-born population.' Unfortunately, the current moment is one of contradiction: while employers are being pushed to expand and relocate production to the United States, they are simultaneously being targeted for relying on the very workers who make that expansion possible. Enforcement cannot replace economic planning. If we want economic growth and sustained prosperity, we must also embrace legal pathways that let employers access the workforce they need. Immigration isn't an emergency to be managed. It is an asset to be mobilized — strategically, lawfully and transparently. Businesses large and small are ready to hire, train and invest in their workforce but they cannot do so amid such uncertainty. Our workforce — including those who are here legally, have worked hard and support the economy — deserve better. And so do U.S. employers.
The Hill
3 days ago
- Business
- The Hill
What's the average salary in the US?
Median weekly wages for full-time and salaried workers in the U.S. rose nearly 5 percent from last year, according to the latest report from the Bureau of Labor Statistics. In the first quarter of 2025, the median weekly wage rose to $1,194 — which translates to a monthly income of $5,174 or approximately $62,088 annually — representing a 4.8 percent increase from the same period in 2024. Gender pay gap persists Women earned $1,096 per week, about 83.9 percent of the median weekly wage of $1,307 for men, according to data. The wage gap varied by race and ethnicity: Black women: 96.8 percent of Black men's median earnings Hispanic women: 88.7 percent of Hispanic men's earnings White women: 82.2 percent of White men's earnings Asian women: 79.9 percent of Asian men's earnings What is the average US salary by age? Age remains a significant factor in earnings, with pay generally increasing with age until mid-career, then declining near retirement: 16-19 years old: $648 weekly or $33,696 annually 20-24 years old: $792 weekly or $41,184 annually 25-34 years old: $1,125 weekly or $58,500 annually 35-44 years old: $1,332 weekly or $69,264 annually 45-54 years old: $1,376 weekly or $71,552 annually 55-64 years old: $1,302 weekly or $67,704 annually 65+ years old: $1,222 weekly or $63,544 annually Men aged 45 to 54 earned the most at $1,512 per week, according to the data, while women's earnings peaked slightly lower, with those aged 45 to 54 earning $1,233 weekly. Young workers aged 16 to 24 had the smallest gender gap, with women earning 92.2 percent of what men earned. The gap widened with age, at 84 percent for workers aged 25 to 54, and just 77.1 percent for those aged 55 and older, according to BLS data. What is the average US salary by education level? Education also plays a significant role in earning potential, the data showed. Here's what the median salary for U.S. workers looks like by educational attainment: Workers with a bachelor's degree earned over 68 percent more than those without any college education, or about $33,800 more per year. Among top earners with advanced degrees, 10 percent of men made $5,079 or more per week, while women in that tier earned $3,528 or more.
