Category: Chart of the Day
The real value of the minimum wage is going down. Ten different charts on two different websites paint the same picture of how the relative value of the minimum wage has declined over time. In short, when you take inflation and cost of living data into account, minimum-wage workers can buy less for their earnings than they could a few years ago.
Over the last few weeks, we've been sharing positive news about wages in every industry, metro and job category covered by The PayScale Index. In Boston, wages are up. For small companies? Same story. "But," you ask, "where are has wage growth been strongest and fastest of all?" One leader stands out: energy.
NASCAR officials were forced to postpone the Daytona 500 due to rain. This is the first time in its 54 year history that the season opening race has been delayed. The Daytona 500 will see another first this year - a primetime spot racing under the lights, as the race is set to start tonight at 7:00 p.m. ET.
When I think of Cincinnati, the first thing that pops into my head is the theme song from the classic sitcom "WKRP in Cincinnati" (Just me? Possibly, I'm dating myself here.) But, did you know Cincinnati, Ohio was also named a top US travel destination this year by Lonely Planet? It was also on Forbes' list of "America's Most Affordable Cities." Perhaps this midwest city deserves a closer look. Here's a peek at the typical salaries for popular Cincinnati jobs. And, it sounds like those salaries might go a bit further in Cincinnati than elsewhere.
If you work at an office, you likely appreciate the janitor who stops by long after you've left for the day and cleans up after you and your coworkers. But have you ever wondered just how much they make per hour for doing all the dirty work? Below is the national average hourly rate for janitors and cleaners.
When you think Memphis, Elvis is probably the first thing that comes to mind, but there's far more to this southern city than being a destination for loyal Elvis fans. If you're thinking of making a move to Memphis, Tennssee, do your research and see if the jobs and salaries available are in line with your expectations. You can even see how much you should make in Memphis compared to your current city with our Cost of Living Calculator.
Are you a skilled seamstress on the move? If you're looking for a change of scenery, consider moving to Houston, Texas. A seamstress in this city reports receiving the highest median hourly rate compared to other cities across the U.S.