When Thurston County residents are able to find work, they are better able to meet their basic needs, including food, housing, and healthcare. They also support the local economy by spending money at Thurston County businesses.
What are we measuring?
Average wage for covered employment, adjusted for inflation.
Wages and income are often expressed in “real” (income-adjusted) or “nominal” dollars. Real wages allow for better comparisons of buying power across time. In Thurston County, both real and nominal wages have increased over the past decade.
“Covered Employment” includes any job affected by the federal Unemployed Insurance Act; covered employment includes about 75% of total employment in Thurston County. Some positions excluded from covered employment include self-employed workers, proprietors, CEOs, and military employment.
Average wages are affected by many variables, including individual or firm-level decisions (such as hours worked and overtime) and regional factors (such as the strength of the overall economy and competitiveness of the labor market).