United States Wages Low Skilled - Forecast

Wages Low Skilled in the United States is expected to be 2150.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Wages Low Skilled is projected to trend around 2200.00 USD/Month in 2020, according to our econometric models.


United States Wages Low Skilled
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United States Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.8 3.8 3.9 3.9 3.8 4.2
Non Farm Payrolls 223 178 195 165 193 170
Nonfarm Payrolls Private 218 168 190 160 188 161
Government Payrolls 5 1 5 12 1 11
Manufacturing Payrolls 18 19 20.42 10 20.64 -2
Initial Jobless Claims 218 221 220 220 220 220
Continuing Jobless Claims 1723 1694 1652 1633 1624 1618
ADP Employment Change 178 190 193 160 175 150
Employed Persons 155474 155600 156041 156431 156777 154000
Unemployed Persons 6065 6013 5756 5541 5367 4702
Average Hourly Earnings 0.3 0.2 0.2 0.2 0.2 0.21
Average Weekly Hours 34.5 34.5 34.4 34.4 34.52 34.4
Labor Force Participation Rate 62.7 62.7 62.8 62.8 62.7 62.9
Long Term Unemployment Rate 0.74 1.05 0.6 0.6 0.5 -0.2
Youth Unemployment Rate 8.7 8.6 8.4 8.3 8.2 7.9
Labour Costs 110 110 111 111 111 114
Productivity 109 109 110 110 110 113
Job Vacancies 7195 6731 6594 6602 6644 6633
Job Offers 6698 6820 6878 6882 6882 6879
Challenger Job Cuts 31517 30600 39394 62300 36763 63500
Wages 22.59 22.77 23.35 23.8 24.11 25.9
Wage Growth 4.56 4.61 4.6 4.6 4.6 4.6
Wages in Manufacturing 21.39 21.74 21.87 22.06 22.38 24.61
Minimum Wages 7.25 7.25 7.25 7.25 7.5 7.5
Employment Cost Index 0.8 0.64 0.65 0.65 0.66 0.71
Population 326 328 327 328 328 334
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Employment Rate 60.4 60.4 60.5 60.5 60.5 60.7
Full Time Employment 128657 128820 129490 130025 130479 132649
Part Time Employment 26883 27020 27148 27134 27133 27134
Living Wage Family 2240 2300 2300 2300 2380 2380
Living Wage Individual 1540 1478 1485 1492 1488 1469
Wages High Skilled 4290 4500 4500 4500 4550 4550
Wages Low Skilled 2090 2150 2150 2150 2150 2200