Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

United States Wages: Minimum and Average

United States Wages Data

Indicator Data Period
Minimum Wages 7.25 USD/Hour | 1160 USD/Month 2022
Wages 29.06 USD/Hour | 4649.6 USD/Month Sep/23
Wage Growth  5.73 % Aug/23
Wages High Skilled 4520 USD/Month 2018
Wages in Manufacturing 26.7 USD/Hour | 4272 USD/Month Sep/23
Wages Low Skilled  1960 USD/Month 2018


Latest data on Minimum Wages (USD/Hour)

Minimum Wages
                     United States - Historical Data (USD/Hour)

What is minimum wage in United States?

  • Minimum Wages in United States remained unchanged at 7.25 USD/Hour (1160 USD/Month) in 2022. The maximum rate of minimum wage for employees was 7.25 USD/Hour and minimum was 0.25 USD/Hour.
  • Data published Yearly by Department of Labor.

Historical Data (USD/Hour) by years

Data
Period
Date
7.25 2022 01.04.2022
7.25 2021 04.10.2021
7.25 2020 05.02.2020
7.25 2019 16.01.2019
7 2018 19.06.2018
7.25 2017 11.08.2017
7.25 2016 31.12.2016
7.25 2015 31.12.2015


Historical Chart by presidents (USD/Hour)

Minimum Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 7.2500 7.0000 7.2500 7.0000 -3.45%
Barack Obama 20.01.2009 - 20.01.2017 7.2500 7.2500 7.2500 7.2500 0.00%
George W. Bush 20.01.2001 - 20.01.2009 5.1500 6.5500 6.5500 5.1500 27.18%
Bill Clinton 20.01.1993 - 20.01.2001 4.2500 5.1500 5.1500 4.2500 21.18%
George H. W. Bush 20.01.1989 - 20.01.1993 3.3500 4.2500 4.2500 3.3500 26.87%
Ronald Reagan 20.01.1981 - 20.01.1989 3.3500 3.3500 3.3500 3.3500 0.00%
Jimmy Carter 20.01.1977 - 20.01.1989 2.3000 3.3500 3.3500 2.3000 45.65%
Gerald Ford 20.01.1974 - 20.01.1977 2.0000 2.3000 2.3000 2.0000 15.00%
Richard Nixon 20.01.1969 - 20.01.1974 1.6000 1.6000 1.6000 1.6000 0.00%


Latest data on Wages (USD/Hour)

Wages
                     United States - Historical Data (USD/Hour)

What is average wage in United States?

  • Average Wages in United States increased to 29.06 USD/Hour (4649.6 USD/Month) in September 2023. The maximum rate of average wage for employees was 25.68 USD/Hour and minimum was 2.5 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data
Period
Date
29.06 Sep/23 07.10.2023
29 Aug/23 07.09.2023
28.96 Jul/23 04.08.2023
28.83 Jun/23 14.07.2023
28.75 May/23 02.06.2023
28.62 Apr/23 06.05.2023
28.5 Mar/23 08.04.2023
28.42 Feb/23 11.03.2023


Historical Chart by presidents (USD/Hour)

Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 21.8300 22.5900 22.5900 21.8300 3.48%
Barack Obama 20.01.2009 - 20.01.2017 18.4100 21.8000 21.8000 18.4100 18.41%
George W. Bush 20.01.2001 - 20.01.2009 14.2900 18.3800 18.3800 14.2900 28.62%
Bill Clinton 20.01.1993 - 20.01.2001 10.9300 14.2900 14.2900 10.9300 30.74%
George H. W. Bush 20.01.1989 - 20.01.1993 9.6500 10.8900 10.8900 9.6500 12.85%
Ronald Reagan 20.01.1981 - 20.01.1989 7.1900 9.6000 9.6000 7.1900 33.52%
Jimmy Carter 20.01.1977 - 20.01.1989 5.2600 9.6000 9.6000 5.2600 82.51%
Gerald Ford 20.01.1974 - 20.01.1977 4.2600 5.2300 5.2300 4.2600 22.77%
Richard Nixon 20.01.1969 - 20.01.1974 3.1200 4.2500 4.2500 3.1200 36.22%


Latest data on Wage Growth  (%)

Wage Growth 
                     United States - Historical Data (%)

What is the growth rate of wages in United States?

  • Wage Growth in United States increased by 5.73 % in August 2023 over the same month in the previous year. The maximum growth was 16.31 % and minimum was -6.64 %
  • Data published Monthly by Bureau of Economic Analysis.

Historical Data (%) by years

Data
Period
Date
5.73 Aug/23 29.09.2023
4.8 Jul/23 07.09.2023
5.97 Jun/23 29.07.2023
5.74 May/23 30.06.2023
5.58 Apr/23 26.05.2023
7.04 Mar/23 28.04.2023
7.28 Feb/23 31.03.2023
7.86 Jan/23 24.02.2023


Historical Chart by YoY presidents (%)

Wage Growth  in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages High Skilled (USD/Month)

Wages High Skilled
                     United States - Historical Data (USD/Month)

How much is average wage for high skilled employees in United States?

  • Average wages for high skilled employees in United States increased to 4520 USD/Month. The maximum level was 4950 USD/Month and minimum was 4330 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data
Period
Date
4520 2018 04.07.2019


Historical Chart by presidents (USD/Month)

Wages High Skilled in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages in Manufacturing (USD/Hour)

Wages in Manufacturing
                     United States - Historical Data (USD/Hour)

How much is average wage in manufacturing in United States?

  • Average wages in manufacturing sector in United States increased to 26.7 USD/Hour (4272 USD/Month). The maximum level was 23.71 USD/Hour and minimum was 1.27 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data
Period
Date
26.7 Sep/23 07.10.2023
26.53 Aug/23 07.09.2023
26.47 Jul/23 04.08.2023
26.35 Jun/23 14.07.2023
26.18 May/23 02.06.2023
26.17 Apr/23 06.05.2023
25.89 Mar/23 08.04.2023
25.76 Feb/23 11.03.2023


Historical Chart by presidents (USD/Hour)

Wages in Manufacturing in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages Low Skilled  (USD/Month)

Wages Low Skilled 
                     United States - Historical Data (USD/Month)

How much is average wage for low skilled employees in United States?

  • Average wages for low skilled employees in United States increased to 1960 USD/Month. The maximum level was 2340 USD/Month and minimum was 1760 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data
Period
Date
1960 2018 04.07.2019


Historical Chart by presidents (USD/Month)

Wages Low Skilled  in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in United States

Index Updated Actual Previous
Retirement Age Men 2022 66.33 66.17
Unemployment Rate Sep/23 3.8 % 3.8
Initial Jobless Claims 207 K 205
Job Vacancies Aug/23 9577 K 9660
Labor Force Participation Rate Sep/23 62.8 % 62.8
Living Wage Individual 2018 1660 USD/Month 1560
Non Farm Payrolls  Sep/23 336 K 227

Wages in other countries

Country Updated Actual Previous
Panama 2021 1281.178 USD/Month 1251.127
Brazil Aug/23 583.299 USD/Month 581.319
Chile Jul/23 1127.866 USD/Month 1122.853
Argentina Jun/23 1304.847 USD/Month 865.597
Canada Jul/23 3492.535 USD/Month 3497.242
Ecuador 2023 525 USD/Month 525
Mexico Aug/23 630.058 USD/Month 632.413
Peru Aug/23 509.014 USD/Month 505.361
United States Sep/23 4649.6 USD/Month 4640
Uruguay 2020 934.779 USD/Month 876.975
Cuba 2021 148.738 USD/Month 46.369
Nicaragua Jun/23 324.932 USD/Month 324.111