Wages in the United States increased 5.77 percent in February of 2024 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2024, reaching an all time high of 15.28 percent in April of 2021 and a record low of -5.89 percent in April of 2020. source: U.S. Bureau of Economic Analysis
Wage Growth in the United States is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Wages and Salaries Growth is projected to trend around 2.20 percent in 2025, according to our econometric models.