Wages in the United States increased to 24.82 USD/Hour in October from 24.77 USD/Hour in September of 2020. source: U.S. Bureau of Labor Statistics

Wages in the United States averaged 11.56 USD/Hour from 1964 until 2020, reaching an all time high of 25.12 USD/Hour in April of 2020 and a record low of 2.50 USD/Hour in February of 1964. This page provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Average Hourly Wages - values, historical data and charts - was last updated on November of 2020.

Wages in the United States is expected to be 24.32 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in the United States to stand at 25.46 in 12 months time. In the long-term, the United States Average Hourly Wages is projected to trend around 25.73 USD/Hour in 2021 and 26.65 USD/Hour in 2022, according to our econometric models.

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United States Average Hourly Wages

Actual Previous Highest Lowest Dates Unit Frequency
24.82 24.77 25.12 2.50 1964 - 2020 USD/Hour Monthly
Current Prices, SA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 7.90 14.70 2.50 percent [+]
Non Farm Payrolls 638.00 672.00 4781.00 -20787.00 Thousand [+]
Nonfarm Payrolls Private 906.00 892.00 4729.00 -19835.00 Thousand [+]
Government Payrolls -268.00 -220.00 465.00 -952.00 Thousand [+]
Manufacturing Payrolls 38.00 60.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 778.00 748.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 6071.00 6370.00 24912.00 988.00 Thousand [+]
ADP Employment Change 365.00 753.00 4485.00 -19409.00 Thousand [+]
Employed Persons 149806.00 147563.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 11061.00 12580.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.00 4.70 -1.30 percent [+]
Average Weekly Hours 34.80 34.80 34.80 33.70 Hours [+]
Labor Force Participation Rate 61.70 61.40 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.21 1.50 4.40 0.08 percent [+]
Youth Unemployment Rate 11.70 13.50 27.40 4.80 percent [+]
Labour Costs 114.04 116.73 116.73 17.00 points [+]
Productivity 112.41 111.08 112.41 25.99 points [+]
Job Vacancies 6608.00 6645.00 7746.00 2157.00 Thousand [+]
Job Offers 6436.00 6352.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 80666.00 118804.00 671129.00 15100.00 Persons [+]
Wages 24.82 24.77 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.95 23.03 23.03 1.27 USD/Hour [+]
Wage Growth 2.11 1.89 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.50 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 57.40 56.60 64.70 51.30 percent [+]
Full Time Employment 123593.00 122423.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 311.68 319.69 1352.18 31.95 Thousand [+]
Part Time Employment 26163.00 25161.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 748.50 743.50 5790.25 179.00 Thousand [+]


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.