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 | Oct 2021 | 26.33 | ±0.00 |
| 1 | Nov 2021 | 26.41 | ±0.023 |
| 2 | Dec 2021 | 26.52 | ±0.028 |
| 3 | Jan 2022 | 26.66 | ±0.031 |
| 4 | Feb 2022 | 26.65 | ±0.033 |
| 5 | Mar 2022 | 26.74 | ±0.034 |
| 6 | Apr 2022 | 26.81 | ±0.036 |
| 7 | May 2022 | 26.84 | ±0.037 |
| 8 | Jun 2022 | 26.99 | ±0.038 |
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Chart of Hourly Pay with Forecast
Average Wages per hour. USD/Hr.
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| November 26, 2021 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4594.62 |
| U.S. GDP Growth, YoY % | 4.90 |
| U.S. Inflation Rate, % | 6.22 |
| Gold Price, $/oz-t | 1791.80 |
| Crude Oil Futures, $/bbl | 68.17 |
| U.S. 10 Year Treasury, % | 1.48 |