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Honolulu workers’ earnings rise faster than national rate

Compensation received by workers in Honolulu rose 0.3 percent in 2009 from 2008, ranking it near the top of all counties nationwide, according to a report released today.

Workers in Honolulu received $29.47 billion in compensation last year, averaging $58,847 per worker, the federal Bureau of Economic Analysis reported. Compensation includes wage and salary disbursements, government payroll taxes and employer contributions for employee pension and insurance funds.

Honolulu’s increase was the 20th largest of the top 167 counties nationwide, according to the report. Compensation declined by an average of 3.7 percent in those counties, the BEA said. The agency defines the largest counties as those with at least $10 billion in compensation annually.

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