Wages in Manufacturing in the United States decreased to 23.20 USD/Hour in February from 23.23 USD/Hour in January of 2021. source: U.S. Bureau of Labor Statistics

Wages in Manufacturing in the United States averaged 9.72 USD/Hour from 1950 until 2021, reaching an all time high of 23.29 USD/Hour in December 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 March of 2021.

Wages in Manufacturing in the United States is expected to be 23.30 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 24.08 in 12 months time. In the long-term, the United States Average Hourly Wages in Manufacturing is projected to trend around 24.95 USD/Hour in 2022 and 25.95 USD/Hour in 2023, according to our econometric models.

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United States Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
23.20 23.23 23.29 1.27 1950 - 2021 USD/Hour Monthly
Current Prices, NSA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.20 6.30 14.80 2.50 percent [+]
Non Farm Payrolls 379.00 166.00 4846.00 -20679.00 Thousand [+]
Nonfarm Payrolls Private 465.00 90.00 4807.00 -19731.00 Thousand [+]
Government Payrolls -86.00 76.00 517.00 -948.00 Thousand [+]
Manufacturing Payrolls 21.00 -14.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 745.00 736.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 4295.00 4419.00 24912.00 988.00 Thousand [+]
ADP Employment Change 117.00 195.00 4350.00 -19392.00 Thousand [+]
Employed Persons 150239.00 150031.00 158735.00 57172.00 Thousand [+]
Unemployed Persons 9972.00 10130.00 23109.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.10 4.60 -1.30 percent [+]
Average Weekly Hours 34.60 34.90 34.90 33.70 Hours [+]
Labor Force Participation Rate 61.40 61.40 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.59 2.51 4.40 0.08 percent [+]
Youth Unemployment Rate 10.90 11.20 27.40 4.80 percent [+]
Labour Costs 116.42 114.74 117.68 17.00 points [+]
Productivity 111.09 112.29 112.29 25.99 points [+]
Job Vacancies 6178.00 6301.00 7746.00 2157.00 Thousand [+]
Job Offers 6646.00 6572.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 34531.00 79552.00 671129.00 15100.00 Persons [+]
Wages 25.19 25.18 25.19 2.50 USD/Hour [+]
Wages in Manufacturing 23.20 23.23 23.29 1.27 USD/Hour [+]
Wage Growth 2.31 2.08 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.50 2.00 0.20 percent [+]
Population 329.48 328.33 329.48 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 57.60 57.50 64.70 51.30 percent [+]
Full Time Employment 124868.00 124990.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 436.70 427.45 1352.18 31.95 Thousand [+]
Part Time Employment 25109.00 24627.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 790.75 807.50 5790.25 179.00 Thousand [+]