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Missouri

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TexasTowelie

(118,244 posts)
Sun Jul 9, 2017, 05:41 AM Jul 2017

St. Louis Knowledge Workers Make Big Gains While Blue-Collar Workers Lag [View all]

How affordable is St. Louis? The answer differs sharply depending on where you're coming from.

A new study from Apartment List shows that wages have risen in the metro area, even when adjusted for the increased cost of housing — but only for knowledge workers. For service workers and blue-collar workers, once you adjust for the cost of housing, wages have actually dropped.

The study looks at 2005 from 2015. Knowledge workers in the St. Louis area — including engineers, lawyers, designers and managers — saw a seven percent increase in wages in that period, even when accounting for housing costs.

But blue-collar workers saw their wages drop 7.1 percent when housing costs are factored in. And service workers saw a 8.1 percent drop, the study says.

Read more: https://www.riverfronttimes.com/newsblog/2017/07/05/st-louis-knowledge-workers-make-big-gains-while-blue-collar-workers-lag

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