FX.co ★ U.S. Wage Growth Cools Slightly in Q4 2025, Easing from Prior Quarter

Employment wages in the United States grew by 0.70% in the fourth quarter of 2025 on a quarter-over-quarter basis, easing slightly from the 0.80% increase recorded in the third quarter of 2025. The latest data, updated on 10 February 2026, indicate a modest slowdown in the pace of wage gains as the year drew to a close.

The comparison is based on quarter-over-quarter changes: the current figure reflects wage growth in the fourth quarter relative to the third quarter of 2025, while the previous reading measured the change in the third quarter compared with the second quarter of 2025. The marginal deceleration suggests that while wages continued to rise, the momentum of increases moderated into the end of the year.