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 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 Consumer Price Index for All Urban Wage Earners and Clerical Workers: Hospital and Related Services in U.S. City Average (CWUR0000SEMD) from Dec 1977 to May 2025 about clerical workers, hospitals, urban, wages, services, CPI, inflation, price index, indexes, price, and USA.

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.

China is the largest labor force market in the world. China’s economic prosperity wouldn’t exist without the large number of people working in this country. With increasing living standards and growing inflation, the wages of employees in China are increasing as well. As of 2022, average wages in China increased to ******* yuan from ****** yuan in 2012. Wage gap between regions The wages vary in China depending on sector, position, gender and region like in any other country. Since China’s different regions have developed unequally, the wage gaps between people working in different regions can also be very large. This is a reason for no single minimum wage being set for the entire nation. The local governments set minimum wages based on local living standards. Considering the city tier, the wage standards are higher in cities with higher rankings. ******** and ******* have the highest minimum wage standards in China. Although the minimum wages in China have been increasing, the standards are still lower than in developed countries. Challenges of increasing labor costs Increasing wages also make the labor force market less attractive. Affected by increasing labor costs and the China-United States trade war, many companies are transferring their investment destinations, especially in the manufacturing sector. Local governments are also taking measures to ensure the living costs remain at a reasonable level to retain companies and employees. These measures include regulating the residential housing market more strictly.

The average real wages worldwide saw *********** every year since 2006. However, in 2022, the aftermath of the COVID-19 pandemic and the rising inflation rates in led to a decrease in real average wages worldwide. In 2023, real global wage growth was positive again.

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 17 percent. Croatia and Serbia followed behind. On the other hand, Iceland and Japan were forecast to have a real wage growth of only 1.1 percent.

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.

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.

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.

The Secrétariat du Travail du Québec systematically monitors the wage clauses contained in collective agreements where the minimum size of the bargaining unit is 50 employees in the case of white collar workers and 100 employees in the case of blue collar workers. The rate of wage growth is measured for the modal employment of each collective agreement, that is, the job where the largest proportion of the target workforce is found. Purpose: To monitor the evolution of wage growth in organizations with collective agreements

Wages in Manufacturing in the United States remained unchanged at 28.87 USD/Hour in June. This dataset provides - United States Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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

In 2023, the average annual wage in South Korea fell to 47,715 U.S. dollars after adjusting for purchasing power parity (PPP). The average salary in South Korea showed a general trend of positive growth within the given period. The monthly wage was projected to reach over 5,400 U.S. dollars in 2040, the highest value among the surveyed countries. Work-life balance South Korea has some of the longest working hours in the world. Although working hours in the country have decreased over the past decade, measures such as flexible working hours have been implemented to promote a better work-life balance. Nevertheless, South Korea still ranks among the top five countries with the longest working hours in the Organization for Economic Cooperation and Development (OECD). Many South Koreans tend to prefer working for a company that offers a good work-life balance rather than a company that offers a higher salary. This preference is especially strong among parents. Women in the job market While the employment rate of South Korean women has increased steadily over the past decade, the gender pay gap persists. On average, female workers earned about 65 percent of their male counterparts’ income. The average monthly salary in South Korea was around 4.26 million South Korean won for men and about 2.78 million won for women that year.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.

United States US: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at 1.310 % in 2016. United States US: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging 1.310 % from Dec 2016 (Median) to 2016, with 1 observations. United States US: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Poverty. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Slovakia SK: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data was reported at -0.610 % in 2015. Slovakia SK: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data is updated yearly, averaging -0.610 % from Dec 2015 (Median) to 2015, with 1 observations. Slovakia SK: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Slovakia – Table SK.World Bank: Poverty. The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Information and Information Processing in U.S. City Average (CWUR0000SAE21) from Jan 1993 to May 2025 about clerical workers, information, urban, wages, CPI, inflation, price index, indexes, price, and USA.