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mahatmakanejeeves

(57,425 posts)
Fri May 21, 2021, 07:15 AM May 2021

BLS Report: San Francisco, CA, has largest county 4th quarter 2020 over-the-year wage gain at 44.3%

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San Francisco, CA, has largest county 4th quarter 2020 over-the-year wage gain at 44.3%

Economic News Release USDL-21-0906

County Employment and Wages Summary
For release 10:00 a.m. (ET), Wednesday, May 19, 2021

Technical Information: (202) 691-6567 * QCEWInfo@bls.gov * www.bls.gov/cew
Media Contact: (202) 691-5902 * PressOffice@bls.gov

COUNTY EMPLOYMENT AND WAGES – FOURTH QUARTER 2020

From December 2019 to December 2020, employment decreased in 352 of the 357 largest U.S. counties, the U.S. Bureau of Labor Statistics reported today. In December 2020, national employment (as measured by the QCEW program) decreased to 140.9 million, a 6.1-percent decrease over the year. Maui + Kalawao, HI, had the largest over-the-year decrease in employment with a loss of 22.8 percent. Employment data in this release are presented for December 2020, and average weekly wage data are presented for fourth quarter 2020. Employment was impacted by the COVID-19 pandemic and efforts to contain it.

Among the 357 largest counties, 356 had over-the-year increases in average weekly wages. In the fourth quarter of 2020, average weekly wages for the nation increased to $1,339, a 13.0-percent increase over the year. San Francisco, CA, had the largest fourth quarter over-the-year wage gain at 44.3 percent. (See table 1.) Nationally, across most industries, increases in average weekly wages reflect substantial employment declines combined with wage increases. The lowest paying industry, leisure and hospitality, had the largest employment loss, which results in higher average weekly wages for the industry and the nation.

Large County Employment in December 2020

Maui + Kalawao, HI, had the largest over-the-year percentage decrease in employment (-22.8 percent). Within Maui + Kalawao, the largest employment decrease occurred in leisure and hospitality, which lost 10,959 jobs over the year (-42.1 percent).

Utah, UT, experienced the largest over-the-year percentage increase in employment with a gain of 3.8 percent. Within Utah, professional and business services had the largest employment increase with a gain of 3,769 jobs (+9.8 percent).

Large County Average Weekly Wage in Fourth Quarter 2020

San Francisco, CA, had the largest over-the-year percentage increase in average weekly wages (+44.3 percent). Within San Francisco, an average weekly wage gain of $5,478 (+569.4 percent) in leisure and hospitality made the largest contribution to the county’s increase in average weekly wages.

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For More Information

The tables included in this release contain data for the nation and for the 357 U.S. counties with annual average employment levels of 75,000 or more in 2019. December 2020 employment and fourth quarter 2020 average weekly wages for all states are provided in table 3 of this release.

QCEW response rate tables are available at www.bls.gov/cew/response-rates/.

The most current news release on quarterly measures of gross job flows is available from QCEW Business Employment Dynamics at www.bls.gov/news.release/pdf/cewbd.pdf.

Several BLS regional offices issue QCEW news releases targeted to local data users. Links to these releases are available at www.bls.gov/cew/regional-resources.htm.

QCEW data are available in the Census Business Builder suite of web tools assisting business owners and regional analysts in data-driven decision making at www.census.gov/data/data-tools/cbb.html.

The QCEW news release schedule is available at www.bls.gov/cew/release-calendar.htm.

____________
The County Employment and Wages full data update for fourth quarter 2020 is scheduled to be released on Wednesday, June 2, 2021, at 10:00 a.m. (ET).

The County Employment and Wages news release for first quarter 2021 is scheduled to be released on Wednesday, August 18, 2021, at 10:00 a.m. (ET).

* * * * *

[center]Facilities for Sensory Impaired[/center]

Information from these releases will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.
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