The Average U.S. Hourly Wage has Increased 25% Since 1997
Mar 22nd, 2007 by billinman
The average U.S. hourly wage has been increasing steadily over the last 10 years. The increase has been from $12.51 an hour to $16.75 an hour, an increase of 25%. If increases continue at the current rate then in 2017 the average hourly wage will be $20.00 hourly (about $40,000 annually), $26.30 hourly in 2027 (about $52,000 annually), and $32.96 hourly in 2037 (about $66,000 annually). You can bet that inflation will keep pace though!
Below you will find a table with the average hourly pay for U.S. workers from 1997 - 2007.
The following graph represents the same timeframe:
For more information see:
The U.S. Department of Labor Bureau of Statistics
The White House Economic Statistics Briefing Room - Employment
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