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.


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United States Wages and Salaries Growth

Actual Previous Highest Lowest Dates Unit Frequency
5.34 5.03 13.78 -5.88 1960 - 2019 percent Monthly
Current Prices, SA


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. .

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.50 10.80 2.50 percent [+]
Non Farm Payrolls 145.00 256.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 139.00 243.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 6.00 13.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -12.00 58.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 211.00 205.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1731.00 1768.00 6635.00 988.00 Thousand [+]
ADP Employment Change 202.00 124.00 360.00 -706.00 Thousand [+]
Employed Persons 158803.00 158536.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 5753.00 5811.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.30 34.30 34.60 33.70 Hours [+]
Labor Force Participation Rate 63.20 63.20 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.72 0.74 4.40 0.08 percent [+]
Youth Unemployment Rate 8.10 8.00 19.50 4.80 percent [+]
Productivity 107.53 107.59 107.59 25.99 points [+]
Labour Costs 112.00 111.30 112.00 17.00 points [+]
Job Vacancies 6465.00 7626.00 7884.00 2157.00 Thousand [+]
Job Offers 6800.00 7361.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 32843.00 44569.00 248475.00 15100.00 Persons [+]
Wages 23.79 23.77 23.79 2.50 USD/Hour [+]
Wages in Manufacturing 22.57 22.41 22.57 1.27 USD/Hour [+]
Wage Growth 5.34 5.03 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.60 2.00 0.20 percent [+]
Population 327.17 325.15 327.17 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 61.00 61.00 64.70 54.90 percent [+]
Full Time Employment 131755.00 131562.00 131755.00 64640.00 Thousand [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]
Part Time Employment 26992.00 26992.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]