Name: United States Average Hourly Wages
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: United States,Wages,data,chart,actual,historical,values,calendar,forecast,graph,2023,2024,2025

Wages in the United States increased to 30.57 USD/Hour in November from 30.48 USD/Hour in October of 2024. Wages in the United States averaged 12.66 USD/Hour from 1964 until 2024, reaching an all time high of 30.57 USD/Hour in November of 2024 and a record low of 2.50 USD/Hour in February of 1964. source: U.S. Bureau of Labor Statistics

Wages in the United States is expected to be 31.10 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Average Hourly Wages is projected to trend around 31.73 USD/Hour in 2025 and 32.33 USD/Hour in 2026, according to our econometric models.

Related	Last	Previous	Unit	Reference
Average Hourly Earnings MoM	0.40	0.40	percent	Nov 2024
Average Weekly Hours	34.30	34.20	Hours	Nov 2024
Employed Persons	161141.00	161496.00	Thousand	Nov 2024
Employment Cost Index	0.80	0.90	percent	Sep 2024
Employment Rate	59.80	60.00	percent	Nov 2024
Full Time Employment	133385.00	133496.00	Thousand	Nov 2024
Government Payrolls	33.00	38.00	Thousand	Nov 2024
JOLTs Job Openings	7744.00	7372.00	Thousand	Oct 2024
Job Openings	8167.00	7239.00	Thousand	Oct 2024
Participation Rate	62.50	62.60	percent	Nov 2024
Labour Costs	121.98	121.40	points	Sep 2024
Long Term Unemployment Rate	0.98	0.95	percent	Nov 2024
Manufacturing Payrolls	22.00	-48.00	Thousand	Nov 2024
Non Farm Payrolls	227.00	36.00	Thousand	Nov 2024
Nonfarm Payrolls Private	194.00	-2.00	Thousand	Nov 2024
Part Time Employment	27666.00	27943.00	Thousand	Nov 2024
Productivity	114.48	113.85	points	Sep 2024
Unemployed Persons	7145.00	6984.00	Thousand	Nov 2024
Unemployment Rate	4.20	4.10	percent	Nov 2024
Wages	30.57	30.48	USD/Hour	Nov 2024
Wages in Manufacturing	28.30	28.18	USD/Hour	Nov 2024
Youth Unemployment Rate	9.40	9.50	percent	Nov 2024

United States Average Hourly Wages

In the United States, wages are benchmarked using average hourly earnings. Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls.