See the U.S. cities where worker pay is rising fastest

TL;DR

Worker pay increases vary significantly from city to city in the U.S.
Nationwide, gross pay rose 4.7% and base pay rose 3.2% in August compared to the previous year, according to ADP.
Metros with fast wage growth typically have healthy job growth, worker shortages, and higher employee turnover.
Cities with a high concentration of manufacturing and financial services firms also tend to see stronger wage growth.
Labor supply shortages, due to an aging workforce or skills mismatch, can drive up wages.
Nationwide wage growth in August was 3.1% annually, the lowest since May 2021, despite strong payroll gains.

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