PHOENIX — Just under half of entry-level job advertisements on Indeed.com in Phoenix posted compensation above the living wage, according to a recent study.
The study, a new analysis by online lender NetCredit of data from the Massachusetts Institute of Technology Living Wage Calculator and Indeed.com job postings, found that 48.06% of Phoenix’s entry-level jobs pay above the living wage. The living wage for a childless adult in the Phoenix-Mesa-Chandler region is $25.69, MIT found.
For those working a 40-hour week for 52 weeks, or 2,080 hours, the Phoenix area’s hourly wage amounts to an annual salary of about $53,435.
MIT’s study examined the largest metropolitan areas in the United States to determine the percentage of entry-level jobs that paid a living wage.
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