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Do riskier jobs pay higher wages?

North Carolina residents may be under the impression that those who risk their well being at work get paid more to do so. However, a study of data from the Bureau of Labor Statistics shows that jobs with a higher chance of fatal injury are not the highest paid positions.

One of these dangerous positions is that of a fisherman along with those who work with them. The BLS report shows an average annual income around $37,000. They also experienced 117 fatal work injuries per 100,000 employees in a one year time span. Another job that carries risk is that of airplane flight crew. Pilots, copilots and flight engineers have an average income under $130,000. They were subjected to 53.4 fatal injuries per 100,000 workers in 2012.

Construction laborers and commercial truck drivers have a similar average annual income. The risks inherent in their jobs result in a slight difference in the chances of a fatal injury occurring. Slips, equipment accidents and falls count for the majority of the 17.4 fatal accidents per 100,000 laborers that construction workers face. Truck drivers experience a slightly higher 22.1 fatal injuries per 100,000 employees. The final job in the study was related to farm workers. Farmers and their helpers averaged an income near $73,000 and 21.3 fatal working injuries for every 100,000 laborers.

A workplace injury can happen at any job. A lawyer with experience in workers' compensation could help someone who has suffered from an on-the-job injury in filing a claim for compensation.

Source: Wall St. Cheat Sheet, "Price of Risk: How Well Do the 5 Most Dangerous Jobs Pay?", Erika Rawes, June 28, 2014

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