Source: Bureau of Labor Statistics Wages 2016‐2020
Employment: Wage Growth
In reported year’s dollars
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% Year to Year % Change in Average Weekly Wage 2016‐2020
% Change 2016‐2020 Wages
Area
USA
19.40%
TN 16.23% GNRC Region 16.16%
Compared to the state and nation, our region hasn’t seen as much wage growth in the last 5 years. Year to Year changes, however, show an upward trend.
2016‐2017
2017‐2018
2018‐2019
2019‐2020
USA
3.3% 3.0% 3.5%
3.4% 3.3% 2.3%
3.5% 2.5% 4.0%
8.1% 6.6% 5.5%
TN
GNRC Region
USA
TN GNRC Region
26
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