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 the United States increased 5.35 percent in July 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.

In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

Wages in Italy increased 2.80 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Hourly Wage Index - 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 Consumer Price Index: All Items: Wage Earners: Total for United States (CPALWE01USM661N) from Jan 1960 to Dec 2023 about clerical workers, all items, urban, wages, CPI, inflation, price index, indexes, price, and USA.

Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Medical Care in U.S. City Average (CWUR0000SAM) from Mar 1935 to Aug 2025 about clerical workers, medical, wages, urban, CPI, inflation, price index, indexes, price, and USA.

In the three months to June 2025, average weekly earnings in the United Kingdom grew by five percent, while pay including bonuses grew by 4.6 percent, when compared with the same period leading to June 2024. In the same month, the inflation rate for the Consumer Price Index was 3.6 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.

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.

This dataset provides values for WAGE GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Canada Consumer Expectations: Wage Growth: Inflation Expectations: 1-Yr Ahead data was reported at 4.090 % in Mar 2025. This records an increase from the previous number of 3.050 % for Dec 2024. Canada Consumer Expectations: Wage Growth: Inflation Expectations: 1-Yr Ahead data is updated quarterly, averaging 2.730 % from Dec 2014 (Median) to Mar 2025, with 42 observations. The data reached an all-time high of 7.180 % in Dec 2022 and a record low of 2.080 % in Sep 2017. Canada Consumer Expectations: Wage Growth: Inflation Expectations: 1-Yr Ahead data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.H025: Consumer Expectations Survey. Consumer Expectations Survey Questionnaire: Wage growth expectations: By about what percent do you expect your earnings* to have increased (decreased) over the next 12 months? *Earnings refers to earnings in the same job, for the same hours worked, before taxes and deductions.

Wages In the Euro Area increased 3.70 percent in June of 2025 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 Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q2 2025 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.

Inflation is set to continue outpacing wage growth over the year, creating cost of living pressures for consumers.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services in U.S. City Average (CWSR0000SAS) from Jan 1956 to Aug 2025 about clerical workers, urban, wages, services, CPI, inflation, price index, indexes, price, and USA.

Wages in France increased 2.10 percent in June of 2025 over the same month in the previous year. This dataset provides - France Monthly Wages Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the median usual weekly earnings of a white full-time employee in the United States amounted to 1,138 U.S. dollars. Dollar value is based on 2023 U.S. dollars. Unadjusted median wages for white workers in the U.S. can be found here.

This statistic presents the results of a phone survey conducted by Gallup among American adults who were 18 years and older in November 2013. Survey respondents were asked how they would vote on a proposal to raise the minimum wage from **** to * U.S. dollars an hour with automatic increases tied to inflation. Some ** percent of Independent respondents said they would vote against such a proposal.

In 2023, the usual median hourly rate of a male worker's wage in the U.S. was ***** U.S. dollars. Dollar value is based on 2023 U.S. dollars. This is a decrease from the previous year, when men's median hourly wage was ***** 2023 U.S. dollars. The median hourly earnings of men in the U.S. not adjusted for inflation can be found here.