Wages in the United States increased 9.49 percent in August of 2021 over the same month in the previous year. source: U.S. Bureau of Economic Analysis

Wage Growth in the United States averaged 6.14 percent from 1960 until 2021, reaching an all time high of 14.55 percent in April of 2021 and a record low of -5.88 percent in March of 2009. This page provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Wages and Salaries Growth - values, historical data and charts - was last updated on October of 2021.

Wage Growth in the United States is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Wages and Salaries Growth is projected to trend around 3.60 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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United States Wages and Salaries Growth

United States Last Unit Reference Previous Highest Lowest
Wage Growth 9.49 percent Aug/21 10.32 14.55 -5.88

United States Wages and Salaries Growth
In the United States, wage growth refers to the yearly change in wages and salaries disbursements from government, manufacturing and service industries.