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 | Jun 2025 | 31.18 | ±0.00 |
| 1 | Jul 2025 | 31.22 | ±0.023 |
| 2 | Aug 2025 | 31.29 | ±0.028 |
| 3 | Sep 2025 | 31.34 | ±0.031 |
| 4 | Oct 2025 | 31.39 | ±0.033 |
| 5 | Nov 2025 | 31.34 | ±0.034 |
| 6 | Dec 2025 | 31.40 | ±0.036 |
| 7 | Jan 2026 | 31.37 | ±0.037 |
| 8 | Feb 2026 | 31.43 | ±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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| July 18, 2025 | |
| Indicator | Value |
|---|---|
| S&P 500 | 6296.79 |
| U.S. GDP Growth, YoY % | 1.99 |
| U.S. Inflation Rate, % | 2.67 |
| Gold Price, $/oz-t | 3355.10 |
| Crude Oil Futures, $/bbl | 66.03 |
| U.S. 10 Year Treasury, % | 4.44 |