Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Wages in the United States increased to 31.46 USD/Hour in August from 31.34 USD/Hour in July of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.

In 2023, the average wage and salary per full-time equivalent employee in the mining industry in the United States was at 126,707 U.S. dollars. The highest wage and salary per FTE was found in the information industry, at 164,400 U.S. dollars.

Graph and download economic data for Employed: Paid total at or below prevailing federal minimum wage: Wage and salary workers: 16 years and over: Black or African American: Women (LEU0203134100A) from 2000 to 2024 about paid, African-American, minimum wage, females, salaries, workers, 16 years +, federal, wages, employment, and USA.

Explore the progression of average salaries for graduates in American Law from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of American Law relative to other fields. This data is essential for students assessing the return on investment of their education in American Law, providing a clear picture of financial prospects post-graduation.

In 2022, the average annual income of a high school graduate in the United States was around ****** U.S. dollars. This is an increase from the previous year, when the median income for high school grads was about ****** U.S. dollars, but an overall decline from 1990 when the median earnings of a high school graduate was around ****** U.S. dollars.

Explore the progression of average salaries for graduates in Latin America And Iberian Cultures from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Latin America And Iberian Cultures relative to other fields. This data is essential for students assessing the return on investment of their education in Latin America And Iberian Cultures, providing a clear picture of financial prospects post-graduation.

In 1979, about 3.99 million workers were paid hourly rates at the official minimum wage. In 2023, about 81,000 workers were paid hourly rates at the prevailing minimum wage. The prevailing Federal minimum wage was 7.25 U.S. dollars per hour in 2023.

In 2023, around 144.54 million people were employed as wage and salary workers in the United States. This was an increase from the previous year, when the number stood at 141.67 million wage and salary employees.

Explore the progression of average salaries for graduates in American Literature from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of American Literature relative to other fields. This data is essential for students assessing the return on investment of their education in American Literature, providing a clear picture of financial prospects post-graduation.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Mid-America Christian University from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Mid-America Christian University’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Mid-America Christian University.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Graph and download economic data for Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Some College or Associate Degree (SCADC11) from 2003 to 2024 about associate degree, paid, minimum wage, tertiary schooling, salaries, workers, education, 16 years +, federal, wages, and USA.

In 2023 the mean earnings of Bachelor's degree holders in the United States amounted to 86,970 U.S. dollars. People with higher education degrees tended to earn more than those without. For example, high school graduates, including those with a GED, had mean earnings of 46,720 U.S. dollars.

In 2023, the hourly earning of a man in the United States between 20 and 24 years old amounted to ***** U.S. dollars. Men between the ages of 45 and 54 years old earned the most in that year, with a median hourly wage of ***** current U.S. dollars.

United States - Employed: Paid at prevailing federal minimum wage: Wage and salary workers: 16 years and over: Black or African American was 24.00000 Thous. of Persons in January of 2024, according to the United States Federal Reserve. Historically, United States - Employed: Paid at prevailing federal minimum wage: Wage and salary workers: 16 years and over: Black or African American reached a record high of 324.00000 in January of 2011 and a record low of 16.00000 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employed: Paid at prevailing federal minimum wage: Wage and salary workers: 16 years and over: Black or African American - last updated from the United States Federal Reserve on September of 2025.

In 2023, the average annual pay of employees in Ohio totaled to ****** U.S. dollars. This is both an increase from the previous year, and from 2001 levels when this figure stood at ****** U.S. dollars.

Graph and download economic data for Federal Minimum Hourly Wage for Nonfarm Workers for the United States (FEDMINNFRWG) from Oct 1938 to Aug 2025 about per hour, minimum wage, workers, hours, nonfarm, federal, wages, and USA.

Hourly wages in the United States are broken into different percentiles to show the hourly earnings of White, Black, and Latino renters in the different percentiles. White workers in all earning percentiles had a higher wage than Black or Latino people. Considering that the housing wages for one- and two-bedroom housing were 28.17 and 33.63 U.S. dollars, respectively, not all earners in the 70th percentile and lower could afford housing. In fact, only white renters in the 60th could afford a one-bedroom apartment that year. Moreover, while only Black renters in the 70th percentile could afford one-bedroom housing, white renters were able to afford both. However, for a Latino worker making a wage at the 70th percentile, even a one-bedroom unit was not affordable.