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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.
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.
According to European Commission forecasts, ******** will achieve the highest real wages and salary growth in 2025 (+*** percent), followed Romania and Lithuania.
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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.
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Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q1 2025 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.
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.
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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 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.
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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 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.
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Spain Wage Agreements: Negotiated Cumulative Wage Increase: Industry data was reported at 1.710 % in Oct 2018. This records an increase from the previous number of 1.680 % for Sep 2018. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Industry data is updated monthly, averaging 2.920 % from Dec 1983 (Median) to Oct 2018, with 364 observations. The data reached an all-time high of 11.380 % in Dec 1983 and a record low of 0.310 % in Mar 2013. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Industry data remains active status in CEIC and is reported by Ministry of Employment and Social Security. The data is categorized under Global Database’s Spain – Table ES.G040: Collective Wage Agreements.
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Spain Wage Agreements: Negotiated Cumulative Wage Increase: Agriculture data was reported at 1.180 % in Oct 2018. This records an increase from the previous number of 1.130 % for Sep 2018. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Agriculture data is updated monthly, averaging 3.390 % from Dec 1983 (Median) to Oct 2018, with 364 observations. The data reached an all-time high of 10.020 % in Dec 1983 and a record low of 0.000 % in Feb 2013. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Agriculture data remains active status in CEIC and is reported by Ministry of Employment and Social Security. The data is categorized under Global Database’s Spain – Table ES.G040: Collective Wage Agreements.
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South Korea Wage Rate data was reported at 50,650,145.667 KRW in 2026. This records an increase from the previous number of 48,290,160.483 KRW for 2025. South Korea Wage Rate data is updated yearly, averaging 16,506,363.772 KRW from Dec 1970 (Median) to 2026, with 57 observations. The data reached an all-time high of 50,650,145.667 KRW in 2026 and a record low of 234,586.485 KRW in 1970. South Korea Wage Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. WRT - Wage rate, total economy
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Wages in France increased 2.10 percent in March 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.
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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.
In 2023, the average annual wage in California was ****** U.S. dollars, an increase from the year prior, when the average wage in the U.S. state was ******. The average annual wages are expected to rise in California, with the annual wage in 2027 estimated to reach over ******* U.S. dollars.
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Wages in Russia increased 4.60 percent in April 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.
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Spain Wage Agreements: Negotiated Cumulative Wage Increase: Services data was reported at 1.670 % in Oct 2018. This records an increase from the previous number of 1.660 % for Sep 2018. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Services data is updated monthly, averaging 2.880 % from Dec 1983 (Median) to Oct 2018, with 364 observations. The data reached an all-time high of 11.810 % in Dec 1983 and a record low of 0.340 % in Jan 2013. Spain Wage Agreements: Negotiated Cumulative Wage Increase: Services data remains active status in CEIC and is reported by Ministry of Employment and Social Security. The data is categorized under Global Database’s Spain – Table ES.G040: Collective Wage Agreements.
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Graph and download economic data for Average Hourly Earnings of Production and Nonsupervisory Employees, Manufacturing (CES3000000008) from Jan 1939 to Jun 2025 about nonsupervisory, earnings, establishment survey, hours, wages, production, manufacturing, employment, and USA.
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Graph and download economic data for Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private (AHETPI) from Jan 1964 to May 2025 about nonsupervisory, headline figure, earnings, average, establishment survey, hours, wages, production, private, employment, and USA.
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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.