Living Wage Family in the United States increased to 2380 USD/Month in 2018 from 2270 USD/Month in 2017.

Living Wage Family in the United States averaged 2257.50 USD/Month from 2015 until 2018, reaching an all time high of 2380 USD/Month in 2018 and a record low of 2160 USD/Month in 2015. United States Living Wage Family - values, historical data and charts - was last updated on September of 2020.

Living Wage Family in the United States is expected to reach 2332.00 USD/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Living Wage Family is projected to trend around 2468.00 USD/Month in 2021 and 2557.00 USD/Month in 2022, according to our econometric models.

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United States Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
2380.00 2270.00 2380.00 2160.00 2015 - 2018 USD/Month Yearly

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.40 10.20 14.70 2.50 percent [+]
Non Farm Payrolls 1371.00 1734.00 4791.00 -20787.00 Thousand [+]
Nonfarm Payrolls Private 1027.00 1481.00 4737.00 -19835.00 Thousand [+]
Government Payrolls 344.00 253.00 427.00 -952.00 Thousand [+]
Manufacturing Payrolls 29.00 41.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 870.00 866.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 12580.00 12747.00 24912.00 988.00 Thousand [+]
ADP Employment Change 428.00 212.00 4485.00 -19409.00 Thousand [+]
Employed Persons 147288.00 143532.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 13550.00 16338.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.10 4.70 -1.30 percent [+]
Average Weekly Hours 34.60 34.50 34.70 33.70 Hours [+]
Labor Force Participation Rate 61.70 61.40 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.94 0.87 4.40 0.08 percent [+]
Youth Unemployment Rate 14.70 18.60 27.40 4.80 percent [+]
Labour Costs 116.86 114.37 116.86 17.00 points [+]
Productivity 110.95 108.31 110.95 25.99 points [+]
Job Vacancies 6949.00 5757.00 7746.00 2157.00 Thousand [+]
Job Offers 6618.00 6001.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 115762.00 262649.00 671129.00 15100.00 Persons [+]
Wages 24.81 24.63 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.75 22.83 22.83 1.27 USD/Hour [+]
Wage Growth -1.14 -2.51 13.78 -6.97 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.80 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 56.50 55.10 64.70 51.30 percent [+]
Full Time Employment 122369.00 119532.00 131755.00 64640.00 Thousand [+]
Part Time Employment 24973.00 23982.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 878.25 913.50 5790.25 179.00 Thousand [+]


United States Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.