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Annual pay in expanding and contracting industries, 1979–2007

Annual pay Industries Difference Annual impact
Contracting Expanding Dollars Percent
Compensation (2011 dollars)
2000–2007 $70,673 $60,048 -$10,625 -15.0% -0.1%
1989–2000 57,809 45,130 -12,679 -21.9 -0.2
1979–1989 58,932 40,403 -18,528 -31.4 -0.3
Wages and salaries (2011 dollars)
2000–2007 $58,449 $51,602 -$6,846 -11.7% -0.1%
1989–2000 47,792 38,731 -9,061 -19.0 -0.1
1979–1989 48,077 36,999 -11,078 -23.0 -0.2

Source: Authors' analysis of Bureau of Economic Analysis National Income and Product Accounts and Bureau of Labor Statistics Current Employment Statistics

Updated May 17, 2012

Documentation and methodology

These data reflect the average (annual) wages, benefits, and compensation of the net new employment in each period based on changes in industry composition. The employment data are payroll counts from the BLS Current Employment Statistics, and the pay data are from 2008 Bureau of Economic Analysis NIPA tables (calculated per payroll employee). The pay of the net new employment is a weighted average of the pay by industry in which the weights are the changes in each industry’s employment share over the period.

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