Do area wages reflect area living costs?
Areas with high or low wages did not consistently have comparably high or low living costs in 1977, according to a Bureau of Labor Statistics study of occupational wages and urban family budgets. In some areas workers with high wages had below-average living costs, while in other areas workers with...
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| Veröffentlicht in: | Monthly labor review 1979-11, Vol.102 (11), p.24-29 |
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| creator | Buckley, John E. |
| description | Areas with high or low wages did not consistently have comparably high or low living costs in 1977, according to a Bureau of Labor Statistics study of occupational wages and urban family budgets. In some areas workers with high wages had below-average living costs, while in other areas workers with low wages had above-average living costs. However, when wage data were statistically adjusted for differences in industry mix among areas, a strong relationship between wages and living costs emerged. A comparison of these results with a similar study using 1966-67 data shows that, in most areas, the relationship between wages and living costs did not alter significantly over time.An examination of average earnings and living costs in the 29 urban areas for which estimates are available illustrated that area wage levels are influenced by such factors as the degree of unionization, average size of establishments, population, type of industry, geographic location, and living costs. Living costs are influenced by some of the same factors that influence wages and also by such elements as regional customs, climate, and local taxing structure. |
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In some areas workers with high wages had below-average living costs, while in other areas workers with low wages had above-average living costs. However, when wage data were statistically adjusted for differences in industry mix among areas, a strong relationship between wages and living costs emerged. A comparison of these results with a similar study using 1966-67 data shows that, in most areas, the relationship between wages and living costs did not alter significantly over time.An examination of average earnings and living costs in the 29 urban areas for which estimates are available illustrated that area wage levels are influenced by such factors as the degree of unionization, average size of establishments, population, type of industry, geographic location, and living costs. 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In some areas workers with high wages had below-average living costs, while in other areas workers with low wages had above-average living costs. However, when wage data were statistically adjusted for differences in industry mix among areas, a strong relationship between wages and living costs emerged. A comparison of these results with a similar study using 1966-67 data shows that, in most areas, the relationship between wages and living costs did not alter significantly over time.An examination of average earnings and living costs in the 29 urban areas for which estimates are available illustrated that area wage levels are influenced by such factors as the degree of unionization, average size of establishments, population, type of industry, geographic location, and living costs. Living costs are influenced by some of the same factors that influence wages and also by such elements as regional customs, climate, and local taxing structure.</abstract><cop>Washington</cop><pub>United States Department of Labor, Bureau of Labor Statistics</pub><tpages>6</tpages></addata></record> |
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| identifier | ISSN: 0098-1818 |
| ispartof | Monthly labor review, 1979-11, Vol.102 (11), p.24-29 |
| issn | 0098-1818 1937-4658 |
| language | eng |
| recordid | cdi_proquest_reports_235573928 |
| source | Jstor Complete Legacy; HeinOnline Law Journal Library; Business Source Complete; Periodicals Index Online |
| subjects | Budgets Coefficients Cost and standard of living Cost estimates Cost of living Cost of living indexes Costs Earnings Economic costs Factors Financial budgets Geographic Location Household budgets Industrial areas Metropolitan areas Size of enterprise SMSA Studies Support personnel Unionization Urban Areas Variable costs Wage rates Wages Wages & salaries Wages and salaries |
| title | Do area wages reflect area living costs? |
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