
"Eight counties in California saw weekly wage increases above or near the 6.5% statewide average, primarily located around the Bay Area."
"The big-raise counties averaged 12.6% wage increases, emphasizing the disparity in wage growth across different regions in California."
"Despite job counts dropping by 0.2% in high-wage counties, companies continue to offer competitive salaries for key talent amid a changing tech landscape."
"In contrast, the eight counties with the smallest wage increases averaged a mere 2.6%, highlighting the geographic wage divide in California."
In California, the average weekly wage rose by $114 to $1,872 in Q4 2024, marking a 6.5% increase. However, this growth is not uniform across the state. Eight counties, mainly around the Bay Area, saw substantial increases averaging 12.6%, while eight counties reported lesser growth averaging only 2.6%. The disparity is significant, with the larger job markets who experienced bigger raises shrinking slightly in workforce. This reflects a duality where tech companies, despite layoffs, remain competitive in attracting talent, creating an uneven economic landscape across California.
Read at www.ocregister.com
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