Wages in the United States increased to 28.75 USD/Hour in May from 28.62 USD/Hour in April of 2023. source: U.S. Bureau of Labor Statistics

Wages in the United States averaged 12.23 USD/Hour from 1964 until 2023, reaching an all time high of 28.75 USD/Hour in May of 2023 and a record low of 2.50 USD/Hour in February of 1964. This page provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Average Hourly Wages - values, historical data and charts - was last updated on June of 2023.

Wages in the United States is expected to be 28.85 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Average Hourly Wages is projected to trend around 29.75 USD/Hour in 2024 and 30.41 USD/Hour in 2025, according to our econometric models.

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United States Average Hourly Wages

Related Last Previous Unit Reference
Unemployment Rate 3.70 3.40 percent May 2023
Non Farm Payrolls 339.00 294.00 Thousand May 2023
Government Payrolls 56.00 41.00 Thousand May 2023
Nonfarm Payrolls Private 283.00 253.00 Thousand May 2023
Manufacturing Payrolls -2.00 10.00 Thousand May 2023
Employed Persons 160721.00 161031.00 Thousand May 2023
Unemployed Persons 6097.00 5657.00 Thousand May 2023
Average Hourly Earnings 0.30 0.40 percent May 2023
Average Weekly Hours 34.30 34.40 Hours May 2023
Labor Force Participation Rate 62.60 62.60 percent May 2023
Long Term Unemployment Rate 0.71 0.69 percent May 2023
Youth Unemployment Rate 7.40 6.50 percent May 2023
Productivity 112.72 113.31 points Mar 2023
Labour Costs 128.50 127.20 points Mar 2023
Job Vacancies 10642.00 9356.00 Thousand Apr 2023
Job Offers 10103.00 9745.00 Thousand Apr 2023
Wages 28.75 28.62 USD/Hour May 2023
Wages in Manufacturing 26.18 26.13 USD/Hour May 2023
Employment Cost Index 1.20 1.10 percent Mar 2023
Full Time Employment 134477.00 134500.00 Thousand May 2023
Employment Rate 60.30 60.40 percent May 2023
Part Time Employment 26443.00 26663.00 Thousand May 2023

United States Average Hourly Wages
In the United States, wages are benchmarked using average hourly earnings. Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls.
Actual Previous Highest Lowest Dates Unit Frequency
28.75 28.62 28.75 2.50 1964 - 2023 USD/Hour Monthly
Current Prices, SA