DENVER BUSINESS JOURNAL — Denver appears to be a leader when it comes to growing hourly earnings at small businesses.
That's according to a study from Paychex that measured hourly wage growth at small businesses between September 2017 and September 2018. The report, which measures national employment and wage trends, examined only companies with fewer than 50 employees.
In Denver, average hourly earnings rose by 3.94 percent to $30.04, and average weekly earnings went up by 4.13 percent to $993.93. Among the 20 largest metro areas in the United States measured in the study, Denver ranked No. 3 for average hourly earnings growth and also No. 3 for average weekly earnings growth.
Phoenix ranked as the market with the fastest-growing hourly wage increase year-over-year with 4.5 percent ($26.27), and Riverside, California, (4.36 percent; $29.32) came in second.
Read more at the Denver Business Journal: https://bit.ly/2A3h15P