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

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.