California’s average weekly wage dropped by 0.6% to $1,572 in the spring quarter vs. a year earlier.
”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.A hiring spree in the low-wage leisure and hospitality industry likely caused California to be the only state with a drop in average weekly wages this spring.My trusty spreadsheet reviewed quarterly employment data taken from a federal study of employer employment filings.
Even with California being the nation’s largest job market, the hiring spree was impressive. The state ranked No. 3 with a 5.6% growth rate and topped the nation’s 4% expansion. Remember, these businesses remained throttled by pandemic limitations well into the middle of 2021. And a hiring spree in low paying industries can depress a statewide average.
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