The

Objective.  Accurate.  Reliable.

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 Mar 2020 24.20 ±0.00
1 Apr 2020 24.24 ±0.023
2 May 2020 24.20 ±0.028
3 Jun 2020 24.17 ±0.031
4 Jul 2020 24.24 ±0.033
5 Aug 2020 24.29 ±0.034
6 Sep 2020 24.41 ±0.036
7 Oct 2020 24.50 ±0.037
8 Nov 2020 24.58 ±0.038

Download Historical Data

Get the rest of the story with the long range forecast!

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:

A long range forecast for Hourly Pay and similar economic series is available by subscription.  Click here for more information or to subscribe.

Current Economic Indicators
April 03, 2020
Indicator Value
S&P 500 2488.65
U.S. GDP Growth, % 2.33
U.S. Inflation Rate, % 2.33
Gold Price, $/oz t 1621.60
Crude Oil Futures, $/bbl 28.73
U.S. 10 Year Treasury, % 0.62

Popular Forecasts