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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.
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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Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Men (LES1252881900Q) from Q1 1979 to Q1 2025 about full-time, males, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.
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.
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United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data was reported at 4.300 % in Apr 2025. This records a decrease from the previous number of 4.500 % for Mar 2025. United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data is updated monthly, averaging 3.800 % from Dec 1997 (Median) to Apr 2025, with 329 observations. The data reached an all-time high of 7.300 % in Nov 2022 and a record low of 1.600 % in Jan 2011. United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.G114: Atlanta Fed Wage Growth Tracker: 12-Month Moving Average.
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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.
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.
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.
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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.
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Average Hourly Earnings in the United States increased 0.40 percent in May 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.
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Wages in Manufacturing in the United States increased to 28.92 USD/Hour in May from 28.80 USD/Hour in April of 2025. This dataset provides - United States Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Compared to the mid-20th century, wage increases in the United States' industrial sector did not change as drastically over the preceding 150 years. Industrial wages in the 1800s peaked in the final year of the American Civil War in 1865, and they were double the value of wages in 1830; yet wages did not exceed this value until the following century. Throughout the 1900s, however, the increase was much more pronounced; between 1943 and 1955 alone, industrial wages doubled, and quadrupled by 1972. In fact, wages in 1985 were over five times higher than they were in 1955, and ten times higher than in 1943. The only times during the 20th century when industrial wages fell was during the post-WWI recession in 1921, and again during the Great Depression in the 1930s.
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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Graph and download economic data for 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Wage Distribution: 1st to 25th Wage Percentile (FRBATLWGT12MMUMHWGWD1WP) from Dec 1997 to May 2025 about growth, moving average, 1-year, percentile, average, wages, median, and USA.
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Average Hourly Earnings YoY in the United States remained unchanged at 3.90 percent in May. This dataset includes a chart with historical data for the United States Average Hourly Earnings YoY.
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United States Median Wage Growth: 12-Mo Mov Avg: 3rd Quartile of Wage Dist data was reported at 4.500 % in Apr 2025. This records a decrease from the previous number of 4.600 % for Mar 2025. United States Median Wage Growth: 12-Mo Mov Avg: 3rd Quartile of Wage Dist data is updated monthly, averaging 3.500 % from Dec 1997 (Median) to Apr 2025, with 329 observations. The data reached an all-time high of 6.100 % in May 2023 and a record low of 1.400 % in Apr 2011. United States Median Wage Growth: 12-Mo Mov Avg: 3rd Quartile of Wage Dist data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.G114: Atlanta Fed Wage Growth Tracker: 12-Month Moving Average.
In February 2025, the average hourly earnings of all employees in the United States was at 11.24 U.S. dollars. 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. A comparison of the rate of wage growth versus the monthly inflation since 2020 rate can be accessed here. Real wages are wages that have been adjusted for inflation.
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Graph and download economic data for 12-Month Moving Average of Unweighted Median Hourly Wage Growth: MSA Area (FRBATLWGT12MMUMHWGMSA) from Dec 1997 to May 2025 about growth, moving average, 1-year, average, wages, median, and USA.
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United States Median Wage Growth: 12-Mo Mov Avg: White data was reported at 4.400 % in Apr 2025. This records a decrease from the previous number of 4.600 % for Mar 2025. United States Median Wage Growth: 12-Mo Mov Avg: White data is updated monthly, averaging 3.600 % from Dec 1997 (Median) to Apr 2025, with 329 observations. The data reached an all-time high of 6.400 % in Mar 2023 and a record low of 1.700 % in Nov 2010. United States Median Wage Growth: 12-Mo Mov Avg: White data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.G114: Atlanta Fed Wage Growth Tracker: 12-Month Moving Average.
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.
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License information was derived automatically
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.