Wages in the United States increased 5.34 percent in November of 2019 over the same month in the previous year. Wage Growth in the United States averaged 6.20 percent from 1960 until 2019, reaching an all time high of 13.78 percent in January of 1979 and a record low of -5.88 percent in March of 2009. source: U.S. Bureau of Economic Analysis
Wage Growth in the United States is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in the United States to stand at 3.60 in 12 months time. In the long-term, the United States Wages and Salaries Growth is projected to trend around 3.80 percent in 2020, according to our econometric models.