Top 10 US Jobs with fastest growth in Median Base Pay
Posted on July 19, 2018
The Median Base Pay for US Jobs increased by 1.6% in June to reach 52, 052 $ as per the latest ‘Local Pay Report’ by Glassdoor. This is the strongest growth in pay figures so far in 2018. Andrew Chamberlain the Chief Economist at Glassdoor said that US rate of unemployment is at historic lows.
The low rate of joblessness implies that increased numbers of workers are in a better position to negotiate salaries for the roles said, Chamberlain. This is especially true for those in sectors such as E-Commerce, Finance, and Healthcare that are in high demand, he added.
The data by Glassdoor reveals that conventional blue-collar jobs posted the highest salary gains. These include Solar Photovoltaic Installers, Wind Turbine Service Technicians and Home Health Aides. The hike is linked with the enhanced demand for these workers in areas created by E-Commerce growth. Glassdoor report predicts that pay for these roles will continue to rise all along 2018, as quoted by the USA Today.
The table below outlines that several conventionally low paying roles witnessed an increase well higher than the average. This is a pure case of demand and supply. As the available labor force shrinks, firms have to pay higher to fill even positions at the low level.
|Rank||Occupation||% Growth Rate||Annual Median Pay|
|1.||Solar Photovoltaic Installers||105%||$39,490|
|2.||Wind Turbine Service Technicians||96%||$53,880|
|3.||Home Health Aides||47%||$23,210|
|4.||Personal Care Aides||39%||$23,100|
|8.||Physical Therapist Assistants||31%||$57,430|
|9.||Software Developers, Applications||31%||$101,790|
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