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Low-wage earners in Tucson and Arizona earned more than the 10th percentile wage for the U. In the U. Thus, high-wage earners in Tucson earned substantially less than those in the U.
High-wage earners those in the 90th percentile in Tucson made 3. Wages, compensation received from working, are the primary source of income for most individuals. Higher wages are often associated with increased economic opportunities and the ability to acquire goods and services.
Individuals in a region may earn different wages for a variety of reasons, including differences in education, occupation, industry, sex, age, race, and other personal and regional characteristics. The gap between high-wage and low-wage earners gives us an indication of the wage inequality within a region. This matters because regions with high inequality may be distributing the benefits of economic growth in a narrow way. The smaller the ratio, the less wage inequality a region displays.
That difference was higher for the U. Wage disparities increased or remained consistent between and for the Tucson MSA, the state of Arizona, and the U. This decrease may reflect, in part, the increase in the minimum wage in Arizona during The minimum wage continued to rise through The U. Bureau of Labor Statistics collects survey data on wages by occupation and industry and then reports this data annually as their Occupational Employment Statistics OES.
The OES data includes detailed employment-and-wage data for over occupations and industries. Wages are compensation received from working and do not include fringe benefits or other sources of income such as interest, bonuses, dividends, and rents.