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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 Jan 2020 23.95 ±0.00
1 Feb 2020 24.00 ±0.023
2 Mar 2020 24.02 ±0.028
3 Apr 2020 24.04 ±0.031
4 May 2020 23.97 ±0.033
5 Jun 2020 23.96 ±0.034
6 Jul 2020 24.02 ±0.036
7 Aug 2020 24.03 ±0.037
8 Sep 2020 24.26 ±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
February 20, 2020
Indicator Value
S&P 500 3373.23
U.S. GDP Growth, % 2.32
U.S. Inflation Rate, % 2.49
Gold Price, $/oz t 1619.20
Crude Oil Futures, $/bbl 53.73
U.S. 10 Year Treasury, % 1.52

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