With differing minimum hourly wages around the state, their will likely be sub-minimum wage records allotted to Seattle/King County and higher hourly wage records allotted to other areas. Employment records at multi-site locations are assigned by an algorithm to match the proportion of employment and payroll at that site. FTE will be less than monthly employment from the Quarterly Census of Employment and Wages (QCEW), which counts a part-time job as one job. The FTE employment by hourly wages are based on a full-time-equivalent basis, where 1 FTE job = 2,088 hours worked during 2019. It will typically be higher than the median, because wage distributions are skewed – a relatively few higher-wage workers will lift the average above the median. The 2021 average hourly wage is computed by adding the total wages for a region or industry and dividing by the total hours worked. Note that the geography is based on the location of the employer, not the residence of the worker. This calculation can apply to a geographic area or to an industry. Half of all FTE jobs have an hourly wage less than or equal to the median and half are paid more than or equal to the median. The 2021 median hourly wage is the boundary between highest-paid 50 percent of jobs and the lowest-paid 50 percent of jobs. Typically that comes to 520 hours in a quarter. An FTE job is defined as 8 hours per day over the quarter. Jobs are then converted to a full-time equivalent (FTE) job based on the hours worked in the quarter. The hourly wage rate for a job is calculated by dividing quarterly wages by hours worked in the quarter. The hourly wage rates are based on quarterly wage files. Due to differences in data screening and computation methods, these statistics are not directly comparable to the Quarterly Census of Employment and Wages figures published elsewhere. The data are drawn from quarterly unemployment insurance tax returns, which list every job covered by unemployment insurance, the wages earned and the hours worked. Personal Consumption Expenditure Implicit Price Deflator was used to convert nominal wages to constant-dollar (2018) wages. Unadjusted, inflation-adjusted and annualized data are listed, as well as a breakout for the private sector. The median and average hourly wage tables include annual data going back to 1990 for the state and each county.
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