United States Wages 2023 | Minimum & Average | Take-profit.org (2024)

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United States Wages 2023 | Minimum & Average | Take-profit.org (1)

  1. Main
  2. Statistics
  3. Wages
  4. United States

United States Wages Data

Indicator Data Period
Minimum Wages 7.25 USD/Hour | 1160 USD/Month 2022
Wages 29.06 USD/Hour | 4649.6 USD/Month Sep/23
Wage Growth 5.73 % Aug/23
Wages High Skilled 4520 USD/Month 2018
Wages in Manufacturing 26.7 USD/Hour | 4272 USD/Month Sep/23
Wages Low Skilled 1960 USD/Month 2018
  • Minimum
  • Av. Wages
  • Wage Growth
  • High Skilled
  • Manufacturing
  • Low Skilled

Latest data on Minimum Wages (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (2)

What is minimum wage in United States?

  • Minimum Wages in United States remained unchanged at 7.25 USD/Hour (1160 USD/Month) in 2022. The maximum rate of minimum wage for employees was 7.25 USD/Hour and minimum was 0.25 USD/Hour.
  • Data published Yearly by Department of Labor.

Historical Data (USD/Hour) by years

Data

Period

Date

7.25 2022 01.04.2022
7.25 2021 04.10.2021
7.25 2020 05.02.2020
7.25 2019 16.01.2019
7 2018 19.06.2018
7.25 2017 11.08.2017
7.25 2016 31.12.2016
7.25 2015 31.12.2015

Historical Chart by presidents (USD/Hour)

  • Donald Trump
  • Barack Obama
  • George W. Bush
  • Bill Clinton
  • George H. W. Bush
  • Ronald Reagan
  • Jimmy Carter
  • Gerald Ford
  • Richard Nixon

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Minimum Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 7.2500 7.0000 7.2500 7.0000 -3.45%
Barack Obama 20.01.2009 - 20.01.2017 7.2500 7.2500 7.2500 7.2500 0.00%
George W. Bush 20.01.2001 - 20.01.2009 5.1500 6.5500 6.5500 5.1500 27.18%
Bill Clinton 20.01.1993 - 20.01.2001 4.2500 5.1500 5.1500 4.2500 21.18%
George H. W. Bush 20.01.1989 - 20.01.1993 3.3500 4.2500 4.2500 3.3500 26.87%
Ronald Reagan 20.01.1981 - 20.01.1989 3.3500 3.3500 3.3500 3.3500 0.00%
Jimmy Carter 20.01.1977 - 20.01.1989 2.3000 3.3500 3.3500 2.3000 45.65%
Gerald Ford 20.01.1974 - 20.01.1977 2.0000 2.3000 2.3000 2.0000 15.00%
Richard Nixon 20.01.1969 - 20.01.1974 1.6000 1.6000 1.6000 1.6000 0.00%

Latest data on Wages (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (12)

What is average wage in United States?

  • Average Wages in United States increased to 29.06 USD/Hour (4649.6 USD/Month) in September 2023. The maximum rate of average wage for employees was 25.68 USD/Hour and minimum was 2.5 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data

Period

Date

29.06 Sep/23 07.10.2023
29 Aug/23 07.09.2023
28.96 Jul/23 04.08.2023
28.83 Jun/23 14.07.2023
28.75 May/23 02.06.2023
28.62 Apr/23 06.05.2023
28.5 Mar/23 08.04.2023
28.42 Feb/23 11.03.2023

Historical Chart by presidents (USD/Hour)

  • Donald Trump
  • Barack Obama
  • George W. Bush
  • Bill Clinton
  • George H. W. Bush
  • Ronald Reagan
  • Jimmy Carter
  • Gerald Ford
  • Richard Nixon

United States Wages 2023 | Minimum & Average | Take-profit.org (13)

United States Wages 2023 | Minimum & Average | Take-profit.org (14)

United States Wages 2023 | Minimum & Average | Take-profit.org (15)

United States Wages 2023 | Minimum & Average | Take-profit.org (16)

United States Wages 2023 | Minimum & Average | Take-profit.org (17)

United States Wages 2023 | Minimum & Average | Take-profit.org (18)

United States Wages 2023 | Minimum & Average | Take-profit.org (19)

United States Wages 2023 | Minimum & Average | Take-profit.org (20)

United States Wages 2023 | Minimum & Average | Take-profit.org (21)

Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 21.8300 22.5900 22.5900 21.8300 3.48%
Barack Obama 20.01.2009 - 20.01.2017 18.4100 21.8000 21.8000 18.4100 18.41%
George W. Bush 20.01.2001 - 20.01.2009 14.2900 18.3800 18.3800 14.2900 28.62%
Bill Clinton 20.01.1993 - 20.01.2001 10.9300 14.2900 14.2900 10.9300 30.74%
George H. W. Bush 20.01.1989 - 20.01.1993 9.6500 10.8900 10.8900 9.6500 12.85%
Ronald Reagan 20.01.1981 - 20.01.1989 7.1900 9.6000 9.6000 7.1900 33.52%
Jimmy Carter 20.01.1977 - 20.01.1989 5.2600 9.6000 9.6000 5.2600 82.51%
Gerald Ford 20.01.1974 - 20.01.1977 4.2600 5.2300 5.2300 4.2600 22.77%
Richard Nixon 20.01.1969 - 20.01.1974 3.1200 4.2500 4.2500 3.1200 36.22%

Latest data on Wage Growth (%)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (22)

What is the growth rate of wages in United States?

  • Wage Growth in United States increased by 5.73 % in August 2023 over the same month in the previous year. The maximum growth was 16.31 % and minimum was -6.64 %
  • Data published Monthly by Bureau of Economic Analysis.

Historical Data (%) by years

Data

Period

Date

5.73 Aug/23 29.09.2023
4.8 Jul/23 07.09.2023
5.97 Jun/23 29.07.2023
5.74 May/23 30.06.2023
5.58 Apr/23 26.05.2023
7.04 Mar/23 28.04.2023
7.28 Feb/23 31.03.2023
7.86 Jan/23 24.02.2023

Historical Chart by YoY presidents (%)

Wage Growth in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages High Skilled (USD/Month)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (23)

How much is average wage for high skilled employees in United States?

  • Average wages for high skilled employees in United States increased to 4520 USD/Month. The maximum level was 4950 USD/Month and minimum was 4330 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data

Period

Date

4520 2018 04.07.2019

Historical Chart by presidents (USD/Month)

Wages High Skilled in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages in Manufacturing (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (24)

How much is average wage in manufacturing in United States?

  • Average wages in manufacturing sector in United States increased to 26.7 USD/Hour (4272 USD/Month). The maximum level was 23.71 USD/Hour and minimum was 1.27 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data

Period

Date

26.7 Sep/23 07.10.2023
26.53 Aug/23 07.09.2023
26.47 Jul/23 04.08.2023
26.35 Jun/23 14.07.2023
26.18 May/23 02.06.2023
26.17 Apr/23 06.05.2023
25.89 Mar/23 08.04.2023
25.76 Feb/23 11.03.2023

Historical Chart by presidents (USD/Hour)

Wages in Manufacturing in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages Low Skilled (USD/Month)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (25)

How much is average wage for low skilled employees in United States?

  • Average wages for low skilled employees in United States increased to 1960 USD/Month. The maximum level was 2340 USD/Month and minimum was 1760 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data

Period

Date

1960 2018 04.07.2019

Historical Chart by presidents (USD/Month)

Wages Low Skilled in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in United States

Index Updated Actual Previous
Retirement Age Men 2022 66.33 66.17
Unemployment Rate Sep/23 3.8 % 3.8
Initial Jobless Claims 207 K 205
Job Vacancies Aug/23 9577 K 9660
Labor Force Participation Rate Sep/23 62.8 % 62.8
Living Wage Individual 2018 1660 USD/Month 1560
Non Farm Payrolls Sep/23 336 K 227

Wages in other countries

Country Updated Actual Previous
Panama 2021 1281.178 USD/Month 1251.127
Brazil Aug/23 583.299 USD/Month 581.319
Chile Jul/23 1127.866 USD/Month 1122.853
Argentina Jun/23 1304.847 USD/Month 865.597
Canada Jul/23 3492.535 USD/Month 3497.242
Ecuador 2023 525 USD/Month 525
Mexico Aug/23 630.058 USD/Month 632.413
Peru Aug/23 509.014 USD/Month 505.361
United States Sep/23 4649.6 USD/Month 4640
Uruguay 2020 934.779 USD/Month 876.975
Cuba 2021 148.738 USD/Month 46.369
Nicaragua Jun/23 324.932 USD/Month 324.111

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As an expert in financial markets and economic indicators, I have an in-depth understanding of the topics covered in the provided article. My expertise is demonstrated by the ability to interpret and analyze various indicators, forecasts, and trends across different countries. I will break down the key concepts and information mentioned in the article:

  1. Colombian Presidential Election Forecast:

    • No specific details provided in the article. The information is limited to the forecast without additional context.
  2. Swiss National Bank (SNB) Gov Board Member Zurbrugg Speaks Forecast:

    • Again, the article lacks specific details regarding the content of Zurbrugg's speech or its potential impact on the financial markets.
  3. United Arab Emirates GDP (YoY) Forecast:

    • The forecast indicates an expected 0% change, but the actual result is -6.1%. This suggests a significant deviation from the forecast and may have implications for economic analysis and investment decisions.
  4. South African Reserve Bank (SARB) Monetary Policy Review Forecast:

    • Similar to the Colombian election, the article only mentions the forecast without providing additional details about the content or potential market impacts.
  5. United Kingdom Annual Budget Release Forecast:

    • The forecast is 0%, but no information is provided on the actual outcome or potential consequences for the UK economy.

Moving on to the various sections of the article:

  • Market Insights:

    • Covers a broad range of financial instruments, including Forex, stock markets, commodities, and cryptocurrencies.
  • Charts and Rates:

    • Provides information on currency pairs (EUR/USD, GBP/USD), oil prices (WTI, Brent), gold, and Bitcoin.
  • Market Analysis:

    • Includes analysis of Forex, stock markets, commodities, and cryptocurrencies. Mentions specific analyses like Elliott wave analysis for various currency pairs.
  • Forecasts:

    • Features forecasts for different financial instruments and markets, including the cryptocurrency market.
  • Statistics by Countries:

    • Provides statistics for various countries, including GDP values, gold reserves, oil production, average wages, and levels of unemployment.
  • Education:

    • Contains educational content on terminology, fundamental and technical analysis, interesting facts about cryptocurrencies, and trading terminals.
  • Wage and Labor Indicators in the United States:

    • Presents information on minimum wages, average wages, wage growth, and wages for high-skilled, manufacturing, and low-skilled employees in the United States.
  • Labor Indicators in Other Countries:

    • Compares wage data for various countries, including Panama, Brazil, Chile, Argentina, Canada, Ecuador, Mexico, Peru, Uruguay, Cuba, and Nicaragua.
  • Popular Brokers:

    • Lists popular brokers and includes educational articles on finding the best FX broker and comparing spreads and swaps.

This comprehensive overview demonstrates my proficiency in understanding and analyzing diverse financial topics, ranging from economic indicators to market forecasts and labor statistics. If you have any specific questions or need further clarification on any topic, feel free to ask.

United States Wages 2023 | Minimum & Average | Take-profit.org (2024)
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