A bonanza at the top
Return to "Sudden wealth, hard questions"
By every statistical measure, the richest workers in King County got a lot richer from 1990 to 1998.
But is this a permanent change? Much of this boost at the very top reflects $4 billion in stock-option earnings by Microsoft employees - a jackpot that fluctuates with the company's stock price.
Where the numbers come from: To measure income trends in the Seattle area, The Seattle Times examined data from two sources. Quarterly reports of individual workers' wages in 1990 and 1998 were provided by the Department of Employment Security and analyzed by David Heath (dheath@seattletimes.com). Household income data from the Census Bureaušs Current Population Survey was analyzed by Justin Mayo (jmayo@seattletimes.com). To adjust for the cost of living, the Times used the Consumer Price Index for the Seattle-Tacoma metro area.
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