Just over 1 in 149 jobs — or 0.67 percent — in the Chicago-Naperville metro pay more than $500,000, ADP reported in a recent analysis. Only 1 in roughly 556 jobs in the area pay over $1 million and a mere 1 in 2,000 jobs pay more than $2 million.
Nationally, about 1 in 127 jobs pay over $500,000, according to ADP.
“What’s striking is how many people in the United States earn exceptionally high salaries,” ADP reported.
“While just 0.79 percent of jobs in the country paid more than $500,000 per year, that’s well more than 1 million positions. This isn’t just a small handful of executives — it’s a substantial number of professionals found in every major metro across the country.”
ADP used adjusted anonymized payroll data based on administrative records to provide a view of top earners that is more detailed than the available government data.
The Chicago area ranked 21st out of 63 metros for percentage of jobs with high pay, according to ADP, falling directly below Minneapolis-St. Paul, where roughly 1 in 145 jobs pay over $500,000, and above the Pittsburgh area, where that number is about 1 in 152.
The top three metros for pay above $500,000 are San Francisco (1 in 48), Austin (1 in 86) and New York (1 in 93).
Jobs are opening up in the sports industry as teams expand and money flows into the industry.Excel Search &
Fired federal workers are looking at what their futures hold. One question that's come up: Can they find similar salaries and benefits in the private sector?
After two days of increases, mortgage rates are back down again today. According to Zillow, the average 30-year fixed rate has decreased by four basis points t
Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t