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.

In 2023, the average annual real wages in the United States amounted to ****** U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted U.S. dollars.

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: White: Women (LEU0252884300Q) from Q1 2000 to Q1 2025 about females, full-time, salaries, workers, earnings, white, 16 years +, wages, median, real, employment, and USA.

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.

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Black or African American: Men (LEU0252884900Q) from Q1 2000 to Q1 2025 about full-time, males, African-American, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over was 373.00000 1982-84 CPI Adjusted $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over reached a record high of 393.00000 in April of 2020 and a record low of 309.00000 in July of 1981. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over - last updated from the United States Federal Reserve on June of 2025.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

In October 2024, real hourly earnings of all employees in the United States increased 0.1 percent in comparison to the previous month. The data have been seasonally adjusted. The deflators used for constant-dollar earnings shown here come from the Consumer Price Indexes Programs. The Consumer Price Index for All Urban Employees (CPI-U) is used to deflate the data for all employees.

Wages in the United States increased to 31.24 USD/Hour in June from 31.15 USD/Hour in May of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In October 2024, the average hourly earnings for all employees on private nonfarm payrolls in the United States stood at 35.46 U.S. dollars. The data have been seasonally adjusted. Employed persons are employees on nonfarm payrolls and consist of: persons who did any work for pay or profit during the survey reference week; persons who did at least 15 hours of unpaid work in a family-operated enterprise; and persons who were temporarily absent from their regular jobs because of illness, vacation, bad weather, industrial dispute, or various personal reasons.

This statistic presents a timeline with the real growth of average wages in Latin America and the Caribbean from 2006 to 2017. The source estimated that average salaries in the region had increased 0.7 percent in 2017, compared to the previous year.

Four of the selected Latin American countries experienced a decline in the average real minimum wage in the first quarter of 2024 when compared to the same period of 2023. Argentina registered the largest fall during that year, with a **** percent loss. By contrast, Jamaica had an increase on average real minimum wage of almost ** percent, the largest increase amongst the selection.

Romania was forecast to have the highest real salary increase in the last quarter of 2024 of the 34 countries included. The salary increase in the European country was forecast to reach ** percent. Croatia and Serbia followed behind. On the other hand, Iceland and Japan were forecast to have a real wage growth of only *** percent.

Wages in Germany increased 1.20 percent in March of 2025 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.

In 2023, the median usual weekly earnings of an African American full-time employee in the United States amounted to 920 U.S. dollars. Dollar value is based on 2023 U.S. dollars. In 1979, the median weekly earnings of African American full-time employees was 783 constant 2023 U.S. dollars. Median weekly earnings of Black and African Americans not adjusted for inflation can be found here.

United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Black or African American: Women was 294.00000 1982-84 CPI Adjusted $ in January of 2024, according to the United States Federal Reserve. Historically, United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Black or African American: Women reached a record high of 295.00000 in January of 2020 and a record low of 249.00000 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Black or African American: Women - last updated from the United States Federal Reserve on June of 2025.

Average Hourly Earnings in the United States increased 0.20 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - United States Average Hourly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

During the first quarter of 2025, the real hourly compensation in the manufacturing sector in the United States increased by 2.4 percent from the previous quarter. The data are seasonally adjusted at annual rates. Labor compensation includes accrued wages and salaries, supplements, employer contributions to employee benefit plans, and taxes.

Average Hourly Earnings YoY in the United States decreased to 3.70 percent in June from 3.80 percent in May of 2025. This dataset includes a chart with historical data for the United States Average Hourly Earnings YoY.

Japan recorded the lowest growth rate in average wages of the three advanced major economies included here over recent years. After an increase in wage growth around June and July 2024, the wage growth of Japan fell by around ***** percent in January 2025.