Wages up, but rents are up more in Atlanta

Polaris, the landmark blue dome that once dominated Atlanta's skyline, is going to reopen. The spaceship-like structure has been vacant for years, but managers of the downtown Hyatt hotel hope to harken back to the days when it opened in 1967.
Polaris, the landmark blue dome that once dominated Atlanta's skyline, is going to reopen. The spaceship-like structure has been vacant for years, but managers of the downtown Hyatt hotel hope to harken back to the days when it opened in 1967.

ATLANTA (AP) - An online job site says working people in Atlanta have been getting raises, but the wage growth has been sluggish.

Andrew Chamberlain, the chief economist for the California-based online site Glassdoor, tells the Atlanta Journal-Constitution that wages are on a slightly upward trend in the city, but he says growth is at a "snail's pace."

The report puts the average increase at 1.5 percent. Meanwhile, a real estate company's figures show the median price of a home in metro Atlanta is up 6.7 percent in the past year. And a national website for rental property says rent in the Atlanta area is up 2.6 percent.

Upcoming Events