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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 Aug 2022 27.52 ±0.00
1 Sep 2022 27.62 ±0.023
2 Oct 2022 27.69 ±0.028
3 Nov 2022 27.76 ±0.031
4 Dec 2022 27.84 ±0.033
5 Jan 2023 27.88 ±0.034
6 Feb 2023 27.96 ±0.036
7 Mar 2023 28.03 ±0.037
8 Apr 2023 28.14 ±0.038

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Chart of Hourly Pay with Forecast

Average Wages per hour. USD/Hr.

Chart of U.S. Employment Compensation with Forecast

Other Employment, Pay and Compensation Resources:

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Current Economic Indicators
September 23, 2022
Indicator Value
S&P 500 3693.23
U.S. GDP Growth, YoY % 1.71
U.S. Inflation Rate, % 8.26
Gold Price, $/oz-t 1644.40
Crude Oil Futures, $/bbl 79.43
U.S. 10 Year Treasury, % 3.69

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