Despite the lowest unemployment rate since 2000, wages for American workers rose at a relatively tepid pace last year. For security guards, it’s a different story.
Average hourly earnings for employees in security and armored car services jumped 17 percent to $17.45 in the 13 months through November, compared with a 2.5 percent increase for all U.S. private-sector workers in the same period.
Pay for U.S. security guards is rising at faster pace than for other workers.
Why such big gains? Possible reasons include terrorism, marijuana and organized labor.