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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 Apr 2020 25.18 ±0.00
1 May 2020 25.20 ±0.023
2 Jun 2020 25.27 ±0.028
3 Jul 2020 25.22 ±0.031
4 Aug 2020 25.19 ±0.033
5 Sep 2020 25.27 ±0.034
6 Oct 2020 25.31 ±0.036
7 Nov 2020 25.45 ±0.037
8 Dec 2020 25.48 ±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
May 22, 2020
Indicator Value
S&P 500 2955.45
U.S. GDP Growth, % 0.32
U.S. Inflation Rate, % 0.33
Gold Price, $/oz t 1732.70
Crude Oil Futures, $/bbl 33.25
U.S. 10 Year Treasury, % 0.66

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