47 datasets found
  1. U.S. inflation rate versus wage growth 2020-2025

    • statista.com
    Updated May 8, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). U.S. inflation rate versus wage growth 2020-2025 [Dataset]. https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
    Explore at:
    Dataset updated
    May 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2020 - Mar 2025
    Area covered
    United States
    Description

    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.

  2. T

    United States Wages and Salaries Growth

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS, United States Wages and Salaries Growth [Dataset]. https://tradingeconomics.com/united-states/wage-growth
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1960 - May 31, 2025
    Area covered
    United States
    Description

    Wages in the United States increased 4.72 percent in May of 2025 over the same month in the previous year. This dataset 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.

  3. Number of employees worldwide 1991-2025

    • statista.com
    • ai-chatbox.pro
    Updated May 30, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Number of employees worldwide 1991-2025 [Dataset]. https://www.statista.com/statistics/1258612/global-employment-figures/
    Explore at:
    Dataset updated
    May 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    World
    Description

    In 2025, there were estimated to be approximately 3.6 billion people employed worldwide, compared to 2.23 billion people in 1991 - an increase of around 1.4 billion people. There was a noticeable fall in global employment between 2019 and 2020, when the number of employed people fell from due to the sudden economic shock caused by the COVID-19 pandemic. Formal vs. Informal employment globally Worldwide, there is a large gap between the informally and formally employed. Most informally employed workers reside in the Global South, especially Africa and Southeast Asia. Moreover, men are slightly more likely to be informally employed than women. The majority of informal work, nearly 90 percent, is within the agricultural sector, with domestic work and construction following behind. Women’s employment As the number of employees has risen globally, so has the number of employed women. Overall, care roles such as nursing and midwifery have the highest shares of female employees globally. Moreover, while the gender pay gap has shrunk over time, it still exists. As of 2024, the uncontrolled gender pay gap was 0.83, meaning women made, on average, 83 cents per every dollar earned by men.

  4. Minimum wage in the UK 1999-2025, by wage category

    • statista.com
    • ai-chatbox.pro
    Updated Jan 31, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Minimum wage in the UK 1999-2025, by wage category [Dataset]. https://www.statista.com/statistics/280483/national-minimum-wage-in-the-uk/
    Explore at:
    Dataset updated
    Jan 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1999 - 2025
    Area covered
    United Kingdom
    Description

    In April 2025, the UK minimum wage for adults over the age of 21 in will be 12.21 pounds per hour. For the 2025/26 financial year, there will be four minimum wage categories, three of which are based on age and one for apprentice workers. Apprentices, and workers under the age of 18 will have a minimum wage of 7.55 pounds an hour, increasing to ten pounds for those aged 18 to 20. When the minimum wage was first introduced in 1999, there were just two age categories; 18 to 21, and 22 and over. This increased to three categories in 2004, four in 2010, and five between 2016 and 2023, before being reduced down to four in the most recent year. The living wage The living wage is an alternative minimum wage amount that employers in the UK can voluntarily pay their employees. It is calculated independently of the legal minimum wage and results in a higher value figure. In 2023/24, for example, the living wage was twelve pounds an hour for the UK as a whole and 13.15 for workers in London, where the cost of living is typically higher. This living wage is different from what the UK government has named the national living wage, which was 10.42 in the same financial year. Between 2011/12 and 2023/24, the living wage has increased by 4.80 pounds, while the London living wage has grown by 4.85 pounds. Wage growth cancelled-out by high inflation 2021-2023 For a long period between the middle of 2021 and late 2023, average wage growth in the UK was unable to keep up with record inflation levels, resulting in the biggest fall in disposable income since 1956. Although the UK government attempted to mitigate the impact of falling living standards through a series of cost of living payments, the situation has still been very difficult for households. After peaking at 11.1 percent in October 2022, the UK's inflation rate remained in double figures until March 2023, and did not fall to the preferred rate of two percent until May 2024. As of November 2024, regular weekly pay in the UK was growing by 5.6 percent in nominal terms, and 2.5 percent when adjusted for inflation.

  5. F

    Employed full time: Median usual weekly real earnings: Wage and salary...

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    (2025). Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over [Dataset]. https://fred.stlouisfed.org/series/LES1252881600Q
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    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.

  6. T

    China Average Yearly Wages

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 15, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). China Average Yearly Wages [Dataset]. https://tradingeconomics.com/china/wages
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1952 - Dec 31, 2024
    Area covered
    China
    Description

    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.

  7. Monthly real wage growth Japan 2023-2025

    • statista.com
    Updated Jul 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Monthly real wage growth Japan 2023-2025 [Dataset]. https://www.statista.com/statistics/1467869/japan-monthly-real-wages-annual-growth-rate/
    Explore at:
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2023 - May 2025
    Area covered
    Japan
    Description

    In May 2025, real wages in Japan decreased by *** percent compared to the same month of 2024, according to preliminary figures. Since 2023, the sharpest decline in real wages of establishments with five or more employees was recorded in January 2023 at *** percent.

  8. F

    Average Hourly Earnings of All Employees, Total Private

    • fred.stlouisfed.org
    json
    Updated Jul 3, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    (2025). Average Hourly Earnings of All Employees, Total Private [Dataset]. https://fred.stlouisfed.org/series/CES0500000003
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 3, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

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

  9. Employee wages by industry, annual

    • www150.statcan.gc.ca
    • open.canada.ca
    • +2more
    Updated Jan 24, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Government of Canada, Statistics Canada (2025). Employee wages by industry, annual [Dataset]. http://doi.org/10.25318/1410006401-eng
    Explore at:
    Dataset updated
    Jan 24, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    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.

  10. Minimum wage per day in Mexico 2021-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 4, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Minimum wage per day in Mexico 2021-2025 [Dataset]. https://www.statista.com/statistics/1280031/evolution-minimum-wage-day-mexico/
    Explore at:
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Mexico
    Description

    The minimum wage per day guaranteed by law in Mexico was decreed to increase by approximately 12 percent between 2024 and 2025, reaching 278.8 Mexican pesos in 2025. The Northern Free Zone located near the northern border was the exception, where the minimum daily wage increased to 419.88 Mexican pesos. Education and income disparity The income distribution is entirely a new story than minimum wages, in fact, there are many factors that influence the level of salaries for Mexican workers. One of the main differences is by the number of schooling years, someone with more than 18 years of study earns on average double than employees with seven to nine years. Moreover, the area of study, while statistics and finance mean salaries, the highest wages by degree, are above 30,000 Mexican pesos per month, others such as performing arts and theology rank as the lowest paying degrees in Mexico.
    Poverty still among the main problems
    Despite one of the main reasons for minimum wage increases being moving people out from poverty conditions, poverty continues to be one of the main problems Mexican society faces. The number of people living under poverty conditions has decreased by 8.54 million inhabitants from 2014 to 2022, nonetheless, the figure is still higher than 46.5 million. The poverty rate varies among states, with Chiapas leading the ranking with 67.4 percent of the population under such conditions, while both Baja California and Baja California Sur recorded less than 14 percent.

  11. T

    United States ADP Employment Change

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 2, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). United States ADP Employment Change [Dataset]. https://tradingeconomics.com/united-states/adp-employment-change
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Jul 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 2010 - Jun 30, 2025
    Area covered
    United States
    Description

    Private businesses in the United States fired -33 thousand workers in June of 2025 compared to 29 thousand in May of 2025. This dataset provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  12. T

    United States Employment Cost Index Wages QoQ

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS, United States Employment Cost Index Wages QoQ [Dataset]. https://tradingeconomics.com/united-states/employment-cost-index-wages
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 30, 1982 - Mar 31, 2025
    Area covered
    United States
    Description

    Employment Cost Index Wages in the United States decreased to 0.80 percent in the first quarter of 2025 from 1 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Employment Cost Index Wages QoQ.

  13. b

    Dell Technologies Number of Employees

    • bullfincher.io
    Updated Sep 14, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Bullfincher (2024). Dell Technologies Number of Employees [Dataset]. http://bullfincher.io/companies/dell-technologies/number-of-employees
    Explore at:
    Dataset updated
    Sep 14, 2024
    Dataset authored and provided by
    Bullfincher
    License

    https://bullfincher.io/privacy-policyhttps://bullfincher.io/privacy-policy

    Description

    In fiscal year 2025, the total number of employees at Dell Technologies was 108,000. The employee count decreasedby 12,000 from 120,000 (in 2024) to 108,000 (in 2025). It represents a -10.00% year-over-year decline in employee count.

  14. Chile Employment: Female: Wage Earners: Public

    • ceicdata.com
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    CEICdata.com, Chile Employment: Female: Wage Earners: Public [Dataset]. https://www.ceicdata.com/en/chile/employment-nene/employment-female-wage-earners-public
    Explore at:
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 1, 2024 - Jan 1, 2025
    Area covered
    Chile
    Variables measured
    Employment
    Description

    Chile Employment: Female: Wage Earners: Public data was reported at 686.744 Person th in Mar 2025. This records a decrease from the previous number of 697.712 Person th for Feb 2025. Chile Employment: Female: Wage Earners: Public data is updated monthly, averaging 556.158 Person th from Mar 2010 (Median) to Mar 2025, with 181 observations. The data reached an all-time high of 743.817 Person th in Jul 2024 and a record low of 398.772 Person th in Apr 2010. Chile Employment: Female: Wage Earners: Public data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.G024: Employment: NENE.

  15. Canada Employees: Average Hourly Wages: Management Occupations

    • ceicdata.com
    Updated Feb 15, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    CEICdata.com (2025). Canada Employees: Average Hourly Wages: Management Occupations [Dataset]. https://www.ceicdata.com/en/canada/labour-force-survey-employees-average-hourly-wages/employees-average-hourly-wages-management-occupations
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Canada
    Description

    Canada Employees: Average Hourly Wages: Management Occupations data was reported at 60.740 CAD in Feb 2025. This records a decrease from the previous number of 61.230 CAD for Jan 2025. Canada Employees: Average Hourly Wages: Management Occupations data is updated monthly, averaging 40.075 CAD from Jan 2001 (Median) to Feb 2025, with 290 observations. The data reached an all-time high of 62.560 CAD in Oct 2024 and a record low of 25.330 CAD in Jan 2001. Canada Employees: Average Hourly Wages: Management Occupations data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G032: Labour Force Survey: Employees: Average Hourly Wages.

  16. T

    United States Non Farm Payrolls

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 3, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). United States Non Farm Payrolls [Dataset]. https://tradingeconomics.com/united-states/non-farm-payrolls
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Jul 3, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1939 - Jun 30, 2025
    Area covered
    United States
    Description

    Non Farm Payrolls in the United States increased by 147 thousand in June of 2025. This dataset provides the latest reported value for - United States Non Farm Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  17. Canada LFS: Employees Wages: All Industries

    • ceicdata.com
    Updated Mar 11, 2018
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    CEICdata.com (2018). Canada LFS: Employees Wages: All Industries [Dataset]. https://www.ceicdata.com/en/canada/labour-force-survey-employees-wages/lfs-employees-wages-all-industries
    Explore at:
    Dataset updated
    Mar 11, 2018
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Canada
    Variables measured
    Wage/Earnings
    Description

    Canada LFS: Employees Wages: All Industries data was reported at 18,026.900 CAD th in Mar 2025. This records a decrease from the previous number of 18,059.500 CAD th for Feb 2025. Canada LFS: Employees Wages: All Industries data is updated monthly, averaging 14,518.600 CAD th from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 18,368.400 CAD th in Jun 2024 and a record low of 10,921.000 CAD th in Jan 1997. Canada LFS: Employees Wages: All Industries data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G030: Labour Force Survey: Employees Wages. [COVID-19-IMPACT]

  18. T

    India Average Monthly Wages for Salaried Employees

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 31, 2023
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2023). India Average Monthly Wages for Salaried Employees [Dataset]. https://tradingeconomics.com/india/wages
    Explore at:
    excel, json, xml, csvAvailable download formats
    Dataset updated
    Mar 31, 2023
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 30, 2017 - Jun 30, 2024
    Area covered
    India
    Description

    Wages in India increased to 21103 INR/Month in the second quarter of 2024 from 21036 INR/Month in the first quarter of 2024. This dataset provides the latest reported value for - India Average Daily Real Wage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  19. T

    Mexico Average Daily Wages

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 30, 2016
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2016). Mexico Average Daily Wages [Dataset]. https://tradingeconomics.com/mexico/wages
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    Jun 30, 2016
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2000 - May 31, 2025
    Area covered
    Mexico
    Description

    Wages in Mexico decreased to 278.93 MXN/Day in May from 621.89 MXN/Day in April of 2025. This dataset provides - Mexico Average Daily Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  20. Canada LFS: Employees Wages: FT: Services-Producing Sector

    • ceicdata.com
    Updated Aug 8, 2020
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    CEICdata.com (2020). Canada LFS: Employees Wages: FT: Services-Producing Sector [Dataset]. https://www.ceicdata.com/en/canada/labour-force-survey-employees-wages/lfs-employees-wages-ft-servicesproducing-sector
    Explore at:
    Dataset updated
    Aug 8, 2020
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Canada
    Variables measured
    Wage/Earnings
    Description

    Canada LFS: Employees Wages: FT: Services-Producing Sector data was reported at 11,397.500 CAD th in Mar 2025. This records a decrease from the previous number of 11,440.700 CAD th for Feb 2025. Canada LFS: Employees Wages: FT: Services-Producing Sector data is updated monthly, averaging 8,824.500 CAD th from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 11,908.100 CAD th in Jul 2024 and a record low of 6,225.600 CAD th in Feb 1997. Canada LFS: Employees Wages: FT: Services-Producing Sector data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G030: Labour Force Survey: Employees Wages.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Statista (2025). U.S. inflation rate versus wage growth 2020-2025 [Dataset]. https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
Organization logo

U.S. inflation rate versus wage growth 2020-2025

Explore at:
3 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 8, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Mar 2020 - Mar 2025
Area covered
United States
Description

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.

Search
Clear search
Close search
Google apps
Main menu