The U.S. is not just adding jobs at the fastest pace since the end of the Great Recession. Hiring is also more spread out and the new jobs pay better than in years past.
As the chart below shows, more than half the jobs the economy has added so far this year are in positions that pay higher than the hourly U.S. wage. Some 58% of the new jobs created in 2014 pay above the average hourly wage of $24.45.
By contrast, about 48% of the new jobs created in 2013 paid above the national average, according to a MarketWatch review of the data.
Chosen excerpts by Job Market Monitor. Read the whole story at More than half of 2014′s new jobs pay higher than average wage – Capitol Report – MarketWatch.