9 jobs with the fastest wage growth

  • adrian825

    The post-recession years haven't been kind to many workers, with all but the top-earners suffering from years of wage stagnation.

    That trend may be shifting, thanks to a tight labor market that's putting pressure on companies to compete for workers, including in some entry-level fields. Minimum wage hikes in states across the country are also lifting pay for workers who lack college degrees or who may be holding low-skilled jobs right out of college.

    The median annual pay for all American workers has increased 2.1 percent in the 12-month period ending May 2017, according to a new study from employment site Glassdoor.com. While that's slightly ahead of the inflation rate, wage gains across the board are still lower than in previous periods of economic expansion, such as the 5 percent growth clocked in 1999.

    "Wages are a lagging indicator," said MaryJo Fitzgerald, community expert at Glassdoor. "We're not really sure why wages aren't growing as fast as we would expect, but people should expect to continue to see money in their pockets," meaning wages could rise between 2 percent to 3 percent this year.

    She added, "Everyone is hiring. They are competing for talent, whether it's talent with an MBA or a high school diploma."

    Even though the job market as a whole is tight, Glassdoor found a few pockets of weakness. Some are in the tech industry, where automation and industrial changes may be lowering demand for workers. Design engineers, for example, saw their pay decline by 2.7 percent to about $69,000 per year, while Java developers' pay slipped 1.9 percent to just above $71,000.

    Read on to learn about the nine careers with the highest wage gains during the last 12 months.