Wages in Manufacturing in the United States decreased to 22.75 USD/Hour in August from 22.83 USD/Hour in July of 2020.

Wages in Manufacturing in the United States averaged 9.62 USD/Hour from 1950 until 2020, reaching an all time high of 22.83 USD/Hour in July of 2020 and a record low of 1.27 USD/Hour in February of 1950. This page provides - United States Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Average Hourly Wages in Manufacturing - values, historical data and charts - was last updated on September of 2020.

Wages in Manufacturing in the United States is expected to be 21.87 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in the United States to stand at 22.81 in 12 months time. In the long-term, the United States Average Hourly Wages in Manufacturing is projected to trend around 23.39 USD/Hour in 2021 and 24.23 USD/Hour in 2022, according to our econometric models.

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United States Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
22.75 22.83 22.83 1.27 1950 - 2020 USD/Hour Monthly
Current Prices, NSA

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 [+]