Wages in Australia increased 3.40 percent in March of 2025 over the same month in the previous year. This dataset provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wage Price Index: excl Bonuses: Public Sector: South Australia data was reported at 150.200 2008-2009=100 in Dec 2024. This records an increase from the previous number of 149.500 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: Public Sector: South Australia data is updated quarterly, averaging 107.750 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 150.200 2008-2009=100 in Dec 2024 and a record low of 64.500 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: Public Sector: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

This table provides information on labour price developments, i.e. the development of wage costs per hour worked by employees, corrected for changes in the personnel structure. The labor price index divides the total increase in wage costs per hour worked into a price component and a structural effect. Data available from: 2001 Status of the figures: Data from 2001 up to and including 2022 are final. The figures concerning 2023 and 2024 are provisional. Changes as of January 31st 2025: Compared to the previous version the figures for the reference period '2024 January - 2024 December' are added and the figures are adjusted for the period '2023 October - 2024 September'. When will new figures become available? New figures are published three to four months after the end of the reference period.

Wage Price Index: excl Bonuses: Private Sector: South Australia data was reported at 155.700 2008-2009=100 in Dec 2024. This records an increase from the previous number of 154.600 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: Private Sector: South Australia data is updated quarterly, averaging 106.900 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 155.700 2008-2009=100 in Dec 2024 and a record low of 67.800 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: Private Sector: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

In the three months to April 2025, average weekly earnings in the United Kingdom grew by 5.2 percent, while pay including bonuses grew by 5.3 percent, when compared with the same period leading to April 2024. In the same month, the inflation rate for the Consumer Price Index was 3.5 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.

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.

Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Transport, Postal & Warehousing data was reported at 152.800 2008-2009=100 in Dec 2024. This records an increase from the previous number of 151.800 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Transport, Postal & Warehousing data is updated quarterly, averaging 108.100 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 152.800 2008-2009=100 in Dec 2024 and a record low of 69.700 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Transport, Postal & Warehousing data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G093: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by Sector and Industry.

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.

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.

Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data was reported at 155.600 2008-2009=100 in Dec 2024. This records an increase from the previous number of 154.600 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data is updated quarterly, averaging 108.150 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 155.600 2008-2009=100 in Dec 2024 and a record low of 66.500 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G092: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by State.

Wage Price Index: excl Bonuses: Public Sector: Western Australia data was reported at 153.100 2008-2009=100 in Dec 2024. This records an increase from the previous number of 151.700 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: Public Sector: Western Australia data is updated quarterly, averaging 109.400 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 153.100 2008-2009=100 in Dec 2024 and a record low of 65.500 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: Public Sector: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Other Goods and Services in U.S. City Average (CWSR0000SAG) from Jan 1967 to Jun 2025 about clerical workers, urban, wages, goods, services, CPI, inflation, price index, indexes, price, and USA.

Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Other Services data was reported at 151.400 2008-2009=100 in Dec 2024. This records an increase from the previous number of 150.600 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Other Services data is updated quarterly, averaging 106.500 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 151.400 2008-2009=100 in Dec 2024 and a record low of 71.100 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Private: Other Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G093: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by Sector and Industry.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

Wage Price Index: excl Bonuses: Tasmania data was reported at 158.000 2008-2009=100 in Dec 2024. This records an increase from the previous number of 157.200 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: Tasmania data is updated quarterly, averaging 108.250 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 158.000 2008-2009=100 in Dec 2024 and a record low of 67.900 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: Tasmania data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

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.

Employment Cost Index Wages in the United States decreased to 0.80 percent in the first quarter of 2025 from 1 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Employment Cost Index Wages QoQ.

Wages in the United Kingdom increased 5 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

Wages for regular pay in the United Kingdom grew by approximately five percent in May 2025, although when adjusted for inflation, wages for regular pay only grew in real terms by 1.1 percent. Twenty months of inflation outpacing wages Between November 2021 and June 2023, inflation was higher than wage growth in the UK, resulting in falling real terms earnings throughout this 20-month period. While UK inflation peaked at 11.1 percent in October 2022, it was not until April 2023 that it fell below double figures, and not until May 2024 that it reached the Bank of England's target of two percent. Forecasts from the Autumn 2024 budget predict that the annual UK inflation for 2024 will be 2.5 percent, down from 7.3 percent in 2023 and 9.1 percent in 2022. Due to high inflation, the UK's minimum wage also rose quite significantly during this period, with the "main" rate increasing from 8.91 pounds per hour in 2021 to 12.21 pounds per hour in 2025. Average earnings and gender pay gap For full-time workers in the United Kingdom, the median average annual earnings was 37,430 British pounds in 2024, compared with 34,663 pounds in 2023. In London, average earnings were significantly higher than the rest of the country, at 47,455 pounds. Just two other areas of the United Kingdom, the South East and Scotland, had annual salaries above the UK average. North East England had the lowest average salary, at 32,960 pounds. As of 2024, the gender pay gap for median gross hourly earnings in the UK was 13.1 percent for all workers, falling to seven percent for full-time workers and -3 percent for part-time workers. Compared with 1997, when the gender pay gap was 27.5 percent for all workers, there has been a degree of progress, although, at current trends, it will be some time before the gap is closed entirely.