Today PayScale released the Q4 2010 results for the PayScale Index. For people who missed our first release in October, and my blog post describing the PayScale Index, the PayScale Index tracks how the market price of private sector full-time employees, as represented by the wages they are paid, changes over time.
In this post, I'll look at our results for 2010, and then compare the PayScale Index with three common measures of labor market health: the Unemployment Rate, median Usual Weekly Earnings, and the Employment Cost Index. While each is different from the PayScale Index, they are all trying to get at the same thing: how is the labor market in the US doing?
National trends are interesting, but what is your market price? In about 5 minutes you can find out what you are worth with the comprehensive PayScale salary survey.