DOL Issues Preliminary National Average Weekly Wage Estimates for 10/01/2012

The Department of Labor issued its preliminary estimates for the National Average Weekly Wage change going into effect on October 1, 2012. 

National Average Weekly Wage: $662.52
Maximum Compensation: $1,325.04
Minimum Compensation: $331.26
Percentage Increase: 2.30%

Although these figures are not final, the DOL’s estimates are always very close.