Connect with us

Headlines

Report: Wages for Florida workers was flat for a decade

Wages paid to Florida workers remained stagnant for the last decade, says a new report from researchers.

The Bureau of Economic and Business Research at the University of Florida this week released a 10-year overview that said average wages remained relatively flat between 2005 and 2015.

The report says after wages were adjusted for inflation the average wage hovered around $45,000 a year. It actually declined right after the start of the Great Recession, rebounded slightly but then fell again. This pattern was seen in metropolitan areas and in different industries.

The report does note that wages increased in 2015 which brought the average wage to over $46,000. Researchers say that may be a sign that the period of stagnation has come to an end.

Republished with permission of The Associated Press.

Written By

Sign up for Sunburn

Receive our team's agenda-setting morning read of what's hot in Florida politics. Delivered straight to your inbox Monday through Friday.

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch

Contributors & reporters: Phil Ammann, Drew Dixon, Renzo Downey, Rick Flagg, A.G. Gancarski, Joe Henderson, Janelle Irwin, Ryan Nicol, Jacob Ogles, Scott Powers, Bob Sparks, Andrew Wilson, and Kelly Hayes.
Email: Peter@FloridaPolitics.com
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704

Connect
Sign up for Sunburn

Receive our team's agenda-setting morning read of what's hot in Florida politics. Delivered straight to your inbox Monday through Friday.