Avg. Nev. wage hits record, lags behind inflation

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Updated: 4/30/2013 5:40 pm

LAS VEGAS (AP) — The average weekly wage in Nevada has reached a new record after hitting $877 in the fourth quarter of 2012.

Statistics released Tuesday by the Department of Employment, Training and Rehabilitation show that's 2.9 percent higher than the same quarter a year earlier. State economists say they've seen gains in the weekly wage figure for seven of the 10 past quarters.

Gov. Brian Sandoval says he's pleased Nevadans are reaping the rewards of their hard work, but said there are still too many people unemployed.

The average weekly wage declined in calendar years 2009 and 2010 before turning up for 2011.

The average weekly wage for all of 2012 was a record $839, up 1.3 percent year-over-year. That's still behind the rate of inflation, which was 2.1 percent in 2012.


©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!

Featured Segments/Shows

All content © Copyright 2015 Intermountain West Communications, LLC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.