"The latest details about Utah wages add fresh evidence that the state’s economy is healing faster than the rest of the nation — albeit modestly.
The median wage for all Utah occupations was $32,050 in 2011 — up a moderate 2.4 percent from the previous year, according to Department of Workforce Services figures.
The U.S. median wage grew at a slower pace. It rose just 1.8 percent between 2010 and last year, according to the department’s figures.
"That may be a little bit of an indicator that Utah’s economy is perking up a little bit faster than the nation’s," John Mathews, a department economist, said Thursday.
Utah’s latest median wage managed to reverse several years of declining growth. In 2007, the median in the state was 3.9 percent higher than in 2006. But as the recession settled in, growth slowed. Subsequent increases in each of the succeeding years were progressively smaller before finally bottoming out in 2010 at 1.7 percent....." (Read more? Click title)
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