1995 Annual Pay Levels in Metropolitan Areas — 1996-11-08

The average annual pay of employees in metropolitan areas increased 3.5 percent from 1994 to 1995, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. The average annual pay level for jobs in the nation's 311 metropolitan areas was $29,105 in 1995, up from $28,125 in 1994. Average annual pay for the entire nation, metropolitan and non-metropolitan areas combined, was $27,845 in 1995. (Average annual pay data by state and industry were issued on September 25, 1996.) Annual pay data are compiled from reports submitted by employers subject to state and federal unemployment insurance (UI) laws covering 115.5 million full- and part-time workers. Average annual pay is computed by dividing the total annual payrolls of employees covered under UI programs by the average monthly number of these employees.