Clark County vs. Missouri
Comparative Trends Analysis:
Average Earnings Per Job Growth and Change, 1969-2022
Introduction
Clark County vs. Missouri
Clark County:
2022 Avg. Earnings = $38,754
2022 Percent of State = 61.98%
Missouri:
2022 Avg. Earnings = $62,528
The United States economy has generated an impressive number of jobs since the 1970s. The contrast between the nation's vigorous employment growth and the modest performance of other major industrial countries is striking. Despite this rosy track record, the real (inflation adjusted) wages and salaries of many workers have stagnated or slipped in recent years. This development has provoked concerns about the quality of new jobs. Structural shifts in the composition of employment--from high-wage goods-producing to low-wage services-related sectors--is the culprit most often cited for the deteriorating quality of jobs.
Regions vary greatly in the make-up of their labor force, in their industry composition of employment, and their economic experience. Reviewing and examining recent developments in average earnings per job in Clark County with comparisons to Missouri and the nation is an important first step in understanding the economic forces at play in Clark County.
Discussion: Average Annual Earnings Per Job are computed by dividing BEA total industry earnings estimates by the BEA total full- and part-time jobs estimates. No convenient or adequate means exist at the county or regional level for converting the job estimates to a full-time equivalent measure. So, interpret the average earnings per job estimates with caution in consideration of the following issues:
Average earnings per job within industries involving more part-time work is lower than industries involving more full-time work, although there could be little difference in the underlying wage of full-time workers. Such differences could also prevail between counties and regions. An increase in the proportion of part-time jobs over time may erode average earnings per job estimates, although full-time earnings per worker may have remained unchanged.
As with per capita income, average earnings per job may be subject to extreme short-run variation, especially in smaller counties. Major construction projects relating to building dams, nuclear power plants, and private plant construction projects have caused extreme fluctuations in many smaller counties. Such changes typify both small and large agriculture-dependent counties owing to the extreme annual variations in farm incomes. Also, Since average earnings per job are just a simple average, it does not account for variations in the distribution of earnings among high- vs. low-wage jobs.
Clark County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Clark County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Clark County's annual average earnings per job over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Clark County over time.
When measured in current dollars, Clark County's average earnings per job increased 809.58%, from $4,261 in 1970 to $38,754 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 54.93%, from $21,555 in 1970 to $33,396 in 2022.
Real Average Earnings Per Job, 1969-2022
Real Average Earnings Per Job, 1969-2022
Figure 2.
Figure 2 traces Clark County's and Missouri's annual real average earnings per job for the period 1969-2022 to illustrate real average earnings per job patterns over time. During this 54-year period, Clark County's real average earnings per job rose from $22,122 in 1969 to $33,396 in 2022, for a net gain of $11,274, or 50.96%. In comparison, Missouri's real average earnings per job increased from $35,161 in 1969 to $53,883 in 2022, for a net advance of $18,722, or 53.25%.
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Clark County's real average earnings per job growth in a broader context by offering direct comparisons across time with Missouri, the United States. The growth indices shown here express each region's real average earnings per job in 1969 as a base figure of 100, and the real average earnings per jobs in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real average earnings per job growth between regions that may differ vastly in size.
Clark County's overall real average earnings per job growth was 50.96% over 1969-2022 trailed Missouri's increase of 53.25%, and fell below the United States' increase of 62.26%.
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 portrays the trends for average earnings per job relative to the national average by tracing Clark County and Missouri average earnings per job as a percent of the national average over 1969-2022.
In 1969, Clark County's average earnings per job amounted to 58.19% of the national average; in 2022, it approximated 54.14%. Similarly, in 1969, Missouri's average earnings per job totaled 92.48% of the national average; in 2022, it consisted of 87.35%.
Clark County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Clark County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Clark County's real average earnings per job growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Clark County's real average earnings per job grew at an annual rate of 3.70% over 1970-2022. The county posted its highest growth in 1984 (117.01%) and recorded its lowest growth in 1974 (-49.03%). In 2022, Clark County's real average earnings per job declined by -3.10%
Clark County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Clark County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again depicts the annual percent change in Clark County's real average earnings per job since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Clark County's annual real average earnings per job growth rate averaged 6.62%. It averaged 3.35% in the 1980s, 2.00% during the 1990s, 5.31% during the 2000s, 0.52% throughout the 2010s, 5.98% thus far this decade (2020-2022).
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Clark County noted in the previous graph with the corresponding decade averages for Missouri and the nation. As the chart reveals, Clark County's average annual real average earnings per job growth surpassed Missouri's average in the 1970s (6.62% vs. 0.95%), outgained Missouri's average during the 1980s (3.35% vs. 0.43%), surpassed Missouri's average in the 1990s (2.00% vs. 1.40%), outgained Missouri's average throughout the 2000s (5.31% vs. 1.00%), fell below Missouri's average in the 2010s (0.52% vs. 0.63%), and recorded above Missouri's average over the 3 year period of the current decade, 2020-2022 (5.98% vs. -0.06%).
Finally, relative to nationwide real average earnings per job growth trends, Clark County registered above the nation over the 1970s (6.62% vs. 0.89%), recorded above the nation during the 1980s (3.35% vs. 0.71%), led the nation during the 1990s (2.00% vs. 1.68%), exceeded the nation throughout the 2000s (5.31% vs. 0.72%), fell under the nation during the 2010s (0.52% vs. 1.01%), and outpaced the nation over 2020-2022 (5.98% vs. -0.24%).
   
 
Real* Average Earnings Per Job Growth:
Average Annual Percent Change
 
 
 
3.70
6.62
3.35
2.00
5.31
0.52
5.98
-3.10
 
0.83
0.95
0.43
1.40
1.00
0.63
-0.06
-3.05
 
0.93
0.89
0.71
1.68
0.72
1.01
-0.24
-4.51
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Clark County:
Average Earnings Per Job, 1969-2022
 
1969
 
4,177
0.189
22,122
100.0
N
62.92
58.19
1970
 
4,261
0.198
21,555
97.4
-2.56
59.80
56.09
1971
 
4,738
0.206
22,994
103.9
6.67
62.20
58.47
1972
 
5,193
0.213
24,370
110.2
5.99
63.73
59.75
1973
 
7,313
0.225
32,568
147.2
33.64
83.74
78.33
1974
 
4,115
0.248
16,599
75.0
-49.03
45.42
41.45
1975
 
5,896
0.269
21,951
99.2
32.25
59.90
55.04
1976
 
5,402
0.283
19,067
86.2
-13.14
51.17
46.78
1977
 
7,287
0.302
24,148
109.2
26.65
63.25
58.71
1978
 
8,711
0.323
26,990
122.0
11.77
69.88
64.73
1979
 
10,810
0.351
30,760
139.0
13.97
79.86
74.20
1980
 
7,873
0.389
20,224
91.4
-34.25
55.38
50.28
1981
 
10,075
0.424
23,753
107.4
17.45
64.71
59.03
1982
 
7,890
0.448
17,623
79.7
-25.81
48.52
43.86
1983
 
4,292
0.467
9,194
41.6
-47.83
25.23
22.68
1984
 
9,665
0.484
19,953
90.2
117.01
52.88
47.89
1985
 
12,485
0.501
24,907
112.6
24.83
64.96
59.09
1986
 
10,858
0.512
21,200
95.8
-14.88
54.67
49.18
1987
 
10,832
0.528
20,514
92.7
-3.24
51.71
46.84
1988
 
9,938
0.549
18,113
81.9
-11.70
45.24
40.72
1989
 
11,612
0.573
20,279
91.7
11.96
50.59
45.61
1990
 
10,895
0.598
18,227
82.4
-10.12
46.06
40.96
1991
 
10,867
0.618
17,592
79.5
-3.49
44.26
39.46
1992
 
14,983
0.634
23,625
106.8
34.30
57.41
51.00
1993
 
12,118
0.650
18,644
84.3
-21.08
45.88
40.26
1994
 
14,931
0.664
22,501
101.7
20.69
54.34
48.31
1995
 
11,812
0.678
17,433
78.8
-22.52
41.84
37.37
1996
 
16,770
0.692
24,233
109.5
39.01
56.95
51.11
1997
 
18,023
0.704
25,598
115.7
5.63
58.86
52.67
1998
 
13,657
0.710
19,244
87.0
-24.82
43.12
37.93
1999
 
14,185
0.720
19,701
89.1
2.38
42.83
37.58
2000
 
18,836
0.738
25,516
115.3
29.51
54.10
47.21
2001
 
16,519
0.753
21,937
99.2
-14.03
45.86
39.83
2002
 
18,527
0.763
24,285
109.8
10.71
49.74
43.69
2003
 
22,428
0.779
28,793
130.2
18.56
58.43
51.38
2004
 
26,010
0.798
32,583
147.3
13.16
64.84
57.22
2005
 
22,648
0.821
27,577
124.7
-15.37
55.57
48.55
2006
 
24,192
0.844
28,650
129.5
3.89
57.44
49.94
2007
 
25,130
0.866
29,016
131.2
1.28
58.62
50.89
2008
 
25,441
0.892
28,530
129.0
-1.67
56.85
50.58
2009
 
27,162
0.889
30,546
138.1
7.06
60.15
54.28
2010
 
24,327
0.905
26,877
121.5
-12.01
52.34
46.61
2011
 
28,856
0.928
31,093
140.6
15.69
61.21
53.80
2012
 
30,827
0.945
32,610
147.4
4.88
63.84
55.99
2013
 
37,968
0.958
39,641
179.2
21.56
76.59
68.00
2014
 
35,085
0.971
36,125
163.3
-8.87
69.90
61.56
2015
 
25,317
0.973
26,019
117.6
-27.97
49.88
43.65
2016
 
28,071
0.983
28,561
129.1
9.77
54.69
48.00
2017
 
28,093
1.000
28,093
127.0
-1.64
53.40
46.57
2018
 
23,918
1.020
23,439
106.0
-16.57
44.52
38.51
2019
 
29,211
1.035
28,220
127.6
20.40
52.22
45.35
2020
 
33,169
1.046
31,700
143.3
12.33
56.56
49.23
2021
 
37,566
1.090
34,464
155.8
8.72
62.01
53.34
2022
 
38,754
1.160
33,396
151.0
-3.10
61.98
54.14
Source: Calculations by the Missouri Regional Economic Analysis Project (MO-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Missouri:
Average Earnings Per Job, 1969-2022
 
1969
 
6,639
0.189
35,161
100.0
N
92.48
1970
 
7,125
0.198
36,048
102.5
2.52
93.80
1971
 
7,617
0.206
36,966
105.1
2.55
94.00
1972
 
8,148
0.213
38,237
108.7
3.44
93.75
1973
 
8,733
0.225
38,891
110.6
1.71
93.54
1974
 
9,061
0.248
36,547
103.9
-6.03
91.27
1975
 
9,844
0.269
36,649
104.2
0.28
91.89
1976
 
10,558
0.283
37,262
106.0
1.67
91.42
1977
 
11,521
0.302
38,180
108.6
2.46
92.83
1978
 
12,467
0.323
38,625
109.9
1.17
92.64
1979
 
13,536
0.351
38,516
109.5
-0.28
92.91
1980
 
14,216
0.389
36,520
103.9
-5.18
90.80
1981
 
15,569
0.424
36,707
104.4
0.51
91.23
1982
 
16,261
0.448
36,320
103.3
-1.05
90.39
1983
 
17,010
0.467
36,442
103.6
0.33
89.90
1984
 
18,276
0.484
37,731
107.3
3.54
90.56
1985
 
19,220
0.501
38,342
109.0
1.62
90.96
1986
 
19,861
0.512
38,776
110.3
1.13
89.96
1987
 
20,946
0.528
39,670
112.8
2.30
90.57
1988
 
21,965
0.549
40,034
113.9
0.92
89.99
1989
 
22,954
0.573
40,086
114.0
0.13
90.16
1990
 
23,657
0.598
39,576
112.6
-1.27
88.94
1991
 
24,551
0.618
39,743
113.0
0.42
89.16
1992
 
26,097
0.634
41,149
117.0
3.54
88.83
1993
 
26,415
0.650
40,639
115.6
-1.24
87.76
1994
 
27,478
0.664
41,410
117.8
1.90
88.90
1995
 
28,232
0.678
41,668
118.5
0.62
89.33
1996
 
29,446
0.692
42,550
121.0
2.12
89.75
1997
 
30,619
0.704
43,489
123.7
2.21
89.48
1998
 
31,676
0.710
44,635
126.9
2.64
87.96
1999
 
33,118
0.720
45,997
130.8
3.05
87.73
2000
 
34,814
0.738
47,160
134.1
2.53
87.25
2001
 
36,021
0.753
47,835
136.0
1.43
86.85
2002
 
37,249
0.763
48,825
138.9
2.07
87.84
2003
 
38,387
0.779
49,281
140.2
0.93
87.93
2004
 
40,117
0.798
50,255
142.9
1.98
88.25
2005
 
40,757
0.821
49,627
141.1
-1.25
87.37
2006
 
42,117
0.844
49,878
141.9
0.50
86.94
2007
 
42,871
0.866
49,500
140.8
-0.76
86.81
2008
 
44,751
0.892
50,186
142.7
1.39
88.97
2009
 
45,154
0.889
50,780
144.4
1.18
90.24
2010
 
46,479
0.905
51,350
146.0
1.12
89.05
2011
 
47,140
0.928
50,795
144.5
-1.08
87.89
2012
 
48,286
0.945
51,078
145.3
0.56
87.69
2013
 
49,572
0.958
51,755
147.2
1.33
88.78
2014
 
50,191
0.971
51,679
147.0
-0.15
88.07
2015
 
50,750
0.973
52,159
148.3
0.93
87.49
2016
 
51,330
0.983
52,226
148.5
0.13
87.77
2017
 
52,613
1.000
52,613
149.6
0.74
87.21
2018
 
53,729
1.020
52,652
149.7
0.07
86.52
2019
 
55,935
1.035
54,036
153.7
2.63
86.83
2020
 
58,647
1.046
56,049
159.4
3.72
87.04
2021
 
60,580
1.090
55,577
158.1
-0.84
86.03
2022
 
62,528
1.160
53,883
153.2
-3.05
87.35
Source: Calculations by the Missouri Regional Economic Analysis Project (MO-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Average Earnings Per Job, 1969-2022
 
1969
 
7,179
0.189
38,018
100.0
N
1970
 
7,596
0.198
38,430
101.1
1.08
1971
 
8,103
0.206
39,326
103.4
2.33
1972
 
8,691
0.213
40,786
107.3
3.71
1973
 
9,336
0.225
41,579
109.4
1.94
1974
 
9,928
0.248
40,044
105.3
-3.69
1975
 
10,713
0.269
39,883
104.9
-0.40
1976
 
11,549
0.283
40,761
107.2
2.20
1977
 
12,412
0.302
41,131
108.2
0.91
1978
 
13,457
0.323
41,694
109.7
1.37
1979
 
14,568
0.351
41,454
109.0
-0.58
1980
 
15,657
0.389
40,220
105.8
-2.98
1981
 
17,066
0.424
40,237
105.8
0.04
1982
 
17,989
0.448
40,181
105.7
-0.14
1983
 
18,920
0.467
40,535
106.6
0.88
1984
 
20,181
0.484
41,663
109.6
2.78
1985
 
21,130
0.501
42,152
110.9
1.17
1986
 
22,078
0.512
43,104
113.4
2.26
1987
 
23,126
0.528
43,799
115.2
1.61
1988
 
24,408
0.549
44,487
117.0
1.57
1989
 
25,460
0.573
44,462
117.0
-0.05
1990
 
26,599
0.598
44,498
117.0
0.08
1991
 
27,537
0.618
44,577
117.3
0.18
1992
 
29,378
0.634
46,323
121.8
3.92
1993
 
30,101
0.650
46,309
121.8
-0.03
1994
 
30,909
0.664
46,580
122.5
0.59
1995
 
31,605
0.678
46,646
122.7
0.14
1996
 
32,810
0.692
47,411
124.7
1.64
1997
 
34,218
0.704
48,600
127.8
2.51
1998
 
36,011
0.710
50,743
133.5
4.41
1999
 
37,751
0.720
52,432
137.9
3.33
2000
 
39,903
0.738
54,053
142.2
3.09
2001
 
41,477
0.753
55,080
144.9
1.90
2002
 
42,406
0.763
55,584
146.2
0.92
2003
 
43,655
0.779
56,045
147.4
0.83
2004
 
45,456
0.798
56,943
149.8
1.60
2005
 
46,648
0.821
56,800
149.4
-0.25
2006
 
48,442
0.844
57,368
150.9
1.00
2007
 
49,382
0.866
57,019
150.0
-0.61
2008
 
50,298
0.892
56,407
148.4
-1.07
2009
 
50,041
0.889
56,276
148.0
-0.23
2010
 
52,191
0.905
57,661
151.7
2.46
2011
 
53,633
0.928
57,792
152.0
0.23
2012
 
55,061
0.945
58,245
153.2
0.78
2013
 
55,837
0.958
58,296
153.3
0.09
2014
 
56,990
0.971
58,680
154.3
0.66
2015
 
58,005
0.973
59,615
156.8
1.59
2016
 
58,480
0.983
59,501
156.5
-0.19
2017
 
60,329
1.000
60,329
158.7
1.39
2018
 
62,102
1.020
60,856
160.1
0.87
2019
 
64,419
1.035
62,233
163.7
2.26
2020
 
67,378
1.046
64,393
169.4
3.47
2021
 
70,421
1.090
64,606
169.9
0.33
2022
 
71,586
1.160
61,690
162.3
-4.51
Source: Calculations by the Missouri Regional Economic Analysis Project (MO-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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