ST. LOUIS (AP) -- Earnings for the average worker in the St. Louis area are on the rise.
The St. Louis Post-Dispatch cites new data from the Commerce Department in reporting that the region’s workers saw earning grow faster in 2012 than any time since before the recession. The bad news is that the average worker in the St. Louis area still earns less than before the recession when accounting for inflation.
The Commerce Department said Thursday that per capita personal income in metro St. Louis was $44,625, up 1.7 percent from a year earlier, but slightly below the national average of $45,200.
Earnings in the St. Louis area since 2007 have grown fastest in information technology, financial services and education. Manufacturing and management are among job types with the steepest decline.