The weakness has been concentrated in middle-wage industries, such as durable goods manufacturing, construction, health care and education. During the past three months, hourly earnings in this wage group 1 have increased at an annualized pace of about 1.8 percent. That compares with 2 percent for low-wage occupations (such as retail, leisure and hospitality) and 4 percent for high-wage occupations (such as professional services, finance and information technology). The picture is similar during the past year, albeit a bit better for the low-wage group. Here's a chart:
Pay Gains by Wage Group
Source: Bureau of Labor Statistics, author's calculations
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