Financial sector had biggest raise in 2000
September 26, 2001
The largest over-the-year percentage pay increase in the private sector was registered in the finance, insurance, and real estate industry (9.1 percent) in 2000. The next largest were in manufacturing and services (6.8 percent each), followed by mining (6.4 percent).
The smallest pay gain in 2000 among the major private industry divisions occurred in the transportation, communications, and public utilities industry (4.4 percent). The annual pay increase for the public sector, which includes Federal, state, and local government, was 4.1 percent.
The BLS Quarterly Census of Employment and Wages program produced these data. Pay data presented here are for all workers covered by State and Federal unemployment insurance programs. Data for 2000 are preliminary and subject to revision. Find more information on pay in 2000 in "Average Annual Pay By State and Industry, 2000," news release USDL 01-295.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Financial sector had biggest raise in 2000 on the Internet at https://www.bls.gov/opub/ted/2001/sept/wk4/art03.htm (visited November 15, 2019).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.