As the economy in North Dakota booms, Walmart workers in the town of Williston are reaping the benefits. Check out this snapshot:
Pay rates for entry-level jobs in North Dakota are nearly twice the federal minimum wage. “North Dakota has led the nation in personal income growth in six of the past seven years,” writes Watchdog’s Rob Port.
“Effectively, our minimum wage in town is $14 an hour,” Shawn Kessel, an administrator for the City of Dickinson, said.
Here are some other stunning statistics:
North Dakota’s personal incomes have nearly doubled over the past decade, to more than $57,000 per year. That’s a 93 percent increase from 2003 when incomes in the state were $29,569 per capita.
Nationally, personal income growth slowed from 4.2 percent in 2012 to 2.6 percent in 2013, but North Dakota nearly tripled the national rate at 7.6 percent.
North Dakota’s per-capita personal yearly income is $57,084 in 2013, up from $54,871 in 2012. The state now ranks third in the nation in per capita personal income, behind only Connecticut’s $60,487 and Washington, D.C., at $74,513.
The state has launched a national campaign led by Lt. Gov. Drew Wrigley to lure 20,000 new workers to fill open jobs.
(H/T Liberty Viral)