Unusually high employment compensation for sector

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    IMPLAN Forum
    Hello Robin, The raw CEW reflect higher wages and salary (benefits and payroll taxes excluded) per wage and salary worker for this NAICS code in IL than the U.S. average:   [table] [tr] [td]State Fips[/td] [td]NAICSCode[/td] [td]Year[/td] [td]Establishments[/td] [td]Employment[/td] [td]wages[/td] [td]AverageAnnualWages[/td] [/tr] [tr] [td]0[/td] [td]325412[/td] [td]2015[/td] [td]2206[/td] [td]201522[/td] [td]2.65E+10[/td] [td]131328[/td] [/tr] [tr] [td]17[/td] [td]325412[/td] [td]2015[/td] [td]100[/td] [td]16978[/td] [td]3.67E+09[/td] [td]216000[/td] [/tr] [/table] Wage rates can vary significantly by state for various reasons. For example, businesses with the same NAICS code may be producing slightly different products that require different skills, etc. NAICS 325412 (the only 6 digit NAICS that makes up sector 174) includes the production of both over-the-counter items like Lip balm and prescription only items like Barium in-vivo diagnostic substances. While the production process for both items is similar enough to include them on the same NAICS, they will still likely have different EC per worker values. The IL state establishment aggregation may be weighted more heavily in the direction that results in higher EC per worker when compared to the aggregated US total.   Other factors that can influence wages per worker by state include minimum wage laws and cost of living variations. Regards, IMPLAN Staff
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