In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Wages in Hungary increased 8.50 percent in March of 2025 over the same month in the previous year. This dataset provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) from Q1 1979 to Q1 2025 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages for regular pay in the United Kingdom grew by approximately 5.6 percent in March 2025, although when adjusted for inflation, wages for regular pay only grew in real terms by 1.8 percent. Twenty months of inflation outpacing wages Between November 2021 and June 2023 inflation was higher than wage growth in the UK, resulting in falling real terms earnings throughout this 20-month period. While UK inflation peaked at 11.1 percent in October 2022, it was not until April 2023 that it fell below double figures, and not until May 2024 that it reached the Bank of England's target of two percent. Forecasts from the Autumn 2024 budget predict that the annual UK inflation will for 2024 will be 2.5 percent, down from 7.3 percent in 2023 and 9.1 percent in 2022. Due to high inflation, the UK's minimum wage also rose quite significantly during this period, with the "main" rate increasing from 8.91 pounds per hour in 2021 to 12.21 pounds per hour in 2025. Average earnings and gender pay gap For full-time workers in the United Kingdom, the median average annual earnings was 37,430 British pounds in 2024, compared with 34,663 pounds in 2023. In London, average earnings were significantly higher than the rest of the country, at 47,455 pounds. Just two other areas of the United Kingdom, the South East and Scotland, had annual salaries above the UK average. North East England had the lowest average salary, at 32,960 pounds. As of 2024, the gender pay gap for median gross hourly earnings in the UK was 13.1 percent for all workers, falling to seven percent for full-time workers and -3 percent for part-time workers. Compared with 1997, when the gender pay gap was 27.5 percent for all workers, there has been a degree of progress, although, at current trends, it will be some time before the gap is closed entirely.

In 2023, the average annual wage in California was 91,700 U.S. dollars, an increase from the year prior, when the average wage in the U.S. state was 87,919. The average annual wages are expected to rise in California, with the annual wage in 2027 estimated to reach over 105,000 U.S. dollars.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

In 2024, the salary increase across India was 9.5 percent, a slight decline since last year. The salary increase in India was the highest among the Asia-Pacific countries. The salary growth is expected to stay the same in 2025 at 9.5 percent. Sectors driving growth Sectors like Pharmaceuticals, manufacturing, insurance, captives, and SSO are projecting above the general industry salary median for 2025. With its highly skilled talent pool, India’s global capability centers (GCCs) are driving the projected salary increases. Outlook The projected increase in salary in 2025 is expected to be similar to 2024. Cost management, inflation, fear of recession, and a tighter labor market are some factors leading to 2025 projections. 2023 witnessed the highest salary increase during the recorded period, with a 10 percent growth.

Wages In the Euro Area increased 4.10 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to May 2025 about earnings, average, establishment survey, hours, wages, private, employment, and USA.

Wages in the United States increased to 31.18 USD/Hour in May from 31.06 USD/Hour in April of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual earnings for full-time employees in the United Kingdom grew by approximately 6.9 percent in 2024, compared with 5.8 percent in the previous year.

Wages in Russia increased 0.10 percent in March of 2025 over the same month in the previous year. This dataset provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Since 2011, the salary of registered nurses has been gradually increasing in the United States. By 2024, registered nurses in the U.S. had an average income of ****** US dollars compared to ****** in 2011. The average income of nurses decreased in 2012 and 2014, while in 2024, there was an increase of over ************* U.S. dollars from the previous year.

In the three months to March 2025, average weekly earnings in the United Kingdom grew by 5.6 percent, while pay including bonuses grew by 5.5 percent, when compared with the same period leading to March 2024. In the same month, the inflation rate for the Consumer Price Index was 2.6 percent, indicating that wages were rising faster than prices that month. Average salaries in the UK In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023. Lastly, the monthly earnings of the top one percent in the UK was 15,887 pounds as of November 2024, far higher than even that of the average for the top five percent, who earned 7,641 pounds per month, while pay for the lowest 10 percent of earners was just 805 pounds per month. Waves of industrial action in the UK One of the main consequences of high inflation and low wage growth throughout 2022 and 2023 was an increase in industrial action in the UK. In December 2022, for example, there were approximately 830,000 working days lost due to labor disputes. Throughout this month, workers across various industry sectors were involved in industrial disputes, such as nurses, train drivers, and driving instructors. Many of the workers who took part in strikes were part of the UK's public sector, which saw far weaker wage growth than that of the private sector throughout 2022. Widespread industrial action continued into 2023, with approximately 303,000 workers involved in industrial disputes in March 2023. There was far less industrial action by 2024, however, due to settlements in many of the disputes, although some are ongoing as of 2025.

Wages in Germany increased 2.50 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Average weekly earnings, average hourly wage rate and average usual weekly hours by union status and type of work, last 5 years.

Wages in the United Kingdom increased 5.50 percent in March of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Poland increased 9.30 percent in April of 2025 over the same month in the previous year. This dataset provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Ireland increased 5.60 percent in March of 2025 over the same month in the previous year. This dataset provides - Ireland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.