U.S. Hourly Wage Forecast
Below is a forecast of average hourly wages in the U.S. broken down by month. This forecast of hourly wages is based on prior values of hourly wages along with other employment indicators, inflation, and business indicators. Please see our methodology page for a better understanding of how this forecast is created.
Average Hourly Wage Forecast Values
U.S. Average Hourly Wages, Total Private. USD/Hour
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Mar 2025 | 31.10 | ±0.00 |
| 1 | Apr 2025 | 31.18 | ±0.023 |
| 2 | May 2025 | 31.27 | ±0.028 |
| 3 | Jun 2025 | 31.37 | ±0.031 |
| 4 | Jul 2025 | 31.46 | ±0.033 |
| 5 | Aug 2025 | 31.53 | ±0.034 |
| 6 | Sep 2025 | 31.58 | ±0.036 |
| 7 | Oct 2025 | 31.64 | ±0.037 |
| 8 | Nov 2025 | 31.58 | ±0.038 |
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Chart of Hourly Pay with Forecast
Average Wages per hour. USD/Hr.
Other Employment, Pay and Compensation Resources:
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| April 30, 2025 | |
| Indicator | Value |
|---|---|
| S&P 500 | 5569.06 |
| U.S. GDP Growth, YoY % | 2.05 |
| U.S. Inflation Rate, % | 2.39 |
| Gold Price, $/oz-t | 3287.30 |
| Crude Oil Futures, $/bbl | 58.21 |
| U.S. 10 Year Treasury, % | 4.17 |