Is Your Pay Determined by the Area You Work In?
ningcontentSomething that few college students consider when deciding upon their careers is the area where they wish to live. Unfortunately, this lapse in judgement may end up costing them thousands of dollars in the future. Why? Because your geographical location affects your salary and your likelihood of finding entry level jobs.
According the a U.S. Bureau of Labor and Standards report from the fourth quarter of 2006, the average American worker brought home a weekly wage of $861 with a few states offering an average wage that was significantly higher than this national average and many that were far below the national average weekly wage. If you are looking for entry level jobs, it would be wise to consider your geographical location to determine if your education is being put to its best use for your financial health.
In this 2006 report, the highest average weekly wage was found in the District of Columbia with an average of $1,424 per week. The runner up, New York, was $320 lower with a weekly average wage $1,104 and the state of Connecticut made a close third at $1,101 per week. It is easy to see from this comparison that geographical location made a huge difference in the local potential for profit.
To further emphasize the point, lets compare these wages with the average weekly wage of Montana, who ranked fiftieth in the average weekly wage ratings in 2006. the average employee in Montana was drawing a weekly salary of a mere $625. That is almost $800 dollars less than the same employee would draw in the District of Columbia.
By making these comparisons, it is easy to see that where you choose to live will have a massive impact upon your financial welfare. If you find that your location isn’t making the grade, you might consider relocating with the help of the entry level job search at CollegeRecruiter.com.
