Wages in the United States increased 5.28 percent in December of 2022 over the same month in the previous year. source: U.S. Bureau of Economic Analysis

Wage Growth in the United States averaged 6.20 percent from 1960 until 2022, reaching an all time high of 14.79 percent in April of 2021 and a record low of -5.86 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 February of 2023.

Wage Growth in the United States is expected to be 5.50 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 1.90 percent in 2024 and 2.20 percent in 2025, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
United States Wages and Salaries Growth

Related Last Previous Unit Reference
Personal Income 0.20 0.30 percent Dec 2022
Wage Growth 5.28 6.17 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.28 6.17 14.79 -5.86 1960 - 2022 percent Monthly
Current Prices, SA