The average pay in the Pittsburgh metropolitan area is slightly lower than the national average, according to new figures from the U.S. Labor Department. On a scale that puts the national average at 100, Pittsburgh rated a 96 last year. That means wages in the Pittsburgh area are four percent lower than the national average. Philadelphia fared better: it rated a 105. Johnstown averaged an 85.
Regional Economist Gerry Perrins says for the Pittsburgh area, the pay difference is significant but not drastic. And he notes that pay is not the only reason people choose to live in a particular area; cultural amenities and climate are among other factors. He also says the pay figures do not indicate anything about cost of living.
The Labor Department also released new figures for unemployment and the Consumer Price Index, which is a measure of inflation. In Pittsburgh, both of those figures were below the national average.
Wednesday, August 27, 2008
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