Originally Published by the North Carolina Dept of Commerce
A few weeks ago, a USA Today article pointed out that high wage industries in the United States were growing more jobs in the past year than other jobs. We decided to see if this was the case for North Carolina.
By-and-large, we found similar results for NC. In fact, job growth in high-wage industries was even faster than the US. And when we look at where NC is heading in the future, the rate of growth in high-wage industries is projected to continue to outpace those in middle and lower-wage sectors through 2026.
The national study from the newspaper article broke out industries into 3 groups:
- Low wage (less than $35,000/year annual pay)
- Middle wage (between $35,000 and $65,000/year)
- High wage ($65,000 and above/year),
and found that from June 2017-August 2018, jobs in high wage industries grew 2% compared to 1.8% for both low and middle wage wages.
