Wages in the United States decreased 8.53 percent in April of 2020 over the same month in the previous year.
Wage Growth in the United States averaged 6.16 percent from 1960 until 2020, reaching an all time high of 13.78 percent in January of 1979 and a record low of -8.53 percent in April of 2020. 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 June of 2020. source: U.S. Bureau of Economic Analysis
Wage Growth in the United States is expected to be -6.60 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 0.50 in 12 months time. In the long-term, the United States Wages and Salaries Growth is projected to trend around 5.80 percent in 2021 and 3.60 percent in 2022, according to our econometric models.