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 2021 | 26.00 | ±0.00 |
| 1 | Sep 2021 | 26.15 | ±0.023 |
| 2 | Oct 2021 | 26.25 | ±0.028 |
| 3 | Nov 2021 | 26.33 | ±0.031 |
| 4 | Dec 2021 | 26.32 | ±0.033 |
| 5 | Jan 2022 | 26.48 | ±0.034 |
| 6 | Feb 2022 | 26.63 | ±0.036 |
| 7 | Mar 2022 | 26.64 | ±0.037 |
| 8 | Apr 2022 | 26.76 | ±0.038 |
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Chart of Hourly Pay with Forecast
Average Wages per hour. USD/Hr.
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| September 16, 2021 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4473.75 |
| U.S. GDP Growth, YoY % | 12.18 |
| U.S. Inflation Rate, % | 5.25 |
| Gold Price, $/oz-t | 1753.70 |
| Crude Oil Futures, $/bbl | 72.58 |
| U.S. 10 Year Treasury, % | 1.34 |