KEY TAKEAWAYS
- Median pay raises outpaced inflation year over year in all 56 metros ADP Research tracks.
- Workers in Buffalo, New York, had the highest growth in total wages, with a 6.4% year-over-year increase.
- Construction workers have consistently received higher pay raises than workers in any other industry this year.
American paychecks have outpaced rising prices this past year in every city ADP tracks.
Workers in Buffalo, New York, had the largest pay raises among the 56 cities, according to ADP Research, the payroll processing company’s analytics arm. In August, wages for Buffalo workers grew by 6.4% from the same time last year. ADP’s figures are for gross pay, which includes overtime, bonuses, commissions, and tips.
Nationally, workers had a median 4.7% raise in gross pay, according to ADP’s analysis of private-sector employment, ahead of July’s 3.4% inflation rate, the latest available. Base pay grew 3.2%, slightly less than inflation…