US oil workers wages soar

Wage rise: US workers raking it in

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Luke Johnson

 12 October 2012 17:54 GMT

Oil and gas workers in the US saw their pay increase at a faster rate than any other sector thanks to booming production in the country, according to a new report.

Wages in the oil, gas and mining industries rose by 4.9% in the past year, according to Payscale, which analyses data from more than 10 million US workers.

The next closest sector was utilities, where wages rose by 4.4%.

These gains have helped push overall US wages up by 3% in the past year - the largest gain since Payscale started tracking compensation in 2007.

"There is still no stopping the pay increases for jobs related to energy or technology, particularly highly skilled ones," Payscale said in the report released this week.

"When an employer…

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