The Montana Department of Labor & Industry's Labor Day Report... [electronic Resource] 2008
The Montana Department of Labor & Industry's Labor Day Report... [electronic Resource] 2008
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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|abor pay Keport 2008 |abor pay K^port 2008 Natural Resources and Mining, and Manufacturing - two of Montana's highest paying industries - also enjoyed strong growth in employ- ment during the last year. Only the Information and Financial Activities industries experienced a decline in employment over 2006-2007. The Information sector has been declin- ing historically, while the decline in employment in Financial Activities is likely due to national problems in the financial industry. Montana ha...s outpaced the rest of the nation in wage growth since 2005 (Chart 1.6). In the last year, the annual average wage in Montana grew at 5.3% compared to a national growth rate of 4.5%. All of Montana's private indus- tries enjoyed strong wage growth from 2006 to 2007 (Chart 1.7). Construction led all industries in wage growth, increasing by over 7.6%. Wages in the lowest paying sector in the Montana economy. Leisure and Hospitality, increased by 7.1% (or by $887) over the last year. Average wages in Montana's highest paying sector.
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