Tuesday, July 28, 2009

Economists: Winnebago County wage hikes deceiving - - BusinessRockford.com

(photo) Joel Cowen

Winnebago County’s 3.1 percent wage increase topped the national average, which was 2.2 percent

That likely means the average wage got a bump because of cuts in the work force, not pay increases.

Joel Cowen, dean of health systems research at the University of Illinois College of Medicine at Rockford, said he’d expect the average wage to decrease as the bureau releases new data.

“The fourth quarter is usually somewhat favorable,” he said. “When they get into 2009, I’d expect to see that get a bit lower.”

Click on the following for the rest of he story:  Economists: Winnebago County wage hikes deceiving - - BusinessRockford.com

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