Wages
in sentence
1758 examples of Wages in a sentence
In fact, however, there is plenty of evidence for the rival narrative that rapid and deep labor-saving technological change is what is putting pressure on wages, and that imports of cheap labor-intensive goods that US workers consume are actually offsetting that distress.
Third, let us hope that the Republican tax package will, if enacted, deliver on its promise of increased investment, output, productivity, and
wages
over the coming decade.
But the tax package can still be expected to boost output, productivity, and
wages.
While it is true that the German government cannot (fortunately) fine-tune wages, it could, out of sheer self-interest, provide for its future by investing more in its human and social capital – including schools, from kindergartens to universities, and infrastructure like roads, bridges, and bandwidth.
China needs to prepare itself for an economy whose performance is not dependent on exports and low domestic
wages.
Greece was a country that, for two decades, had lived off transfers from Brussels, squandering the money with high
wages
for public sector employees in an economy with low growth and high inflation.
Consumer spending is particularly robust, as
wages
show signs of upward movement.
Even though new occupations will likely replace those lost to automation,
wages
may take time to catch up to the reality of higher labor productivity.
In the early nineteenth century,
wages
stagnated for almost 50 years before picking up again.
Since the least skilled workers face morale problems that lower their
wages
and erode their employability, it makes sense to deliver the mutual gain that is redistributed to them through subsidies that encourage greater self-support and employment.
Low
wages
for teachers do little to attract the best and brightest to the profession.
Reducing the labor supply in economically depressed areas of Europe and increasing it in booming regions would do much to reduce differences in
wages
and unemployment rates.
At the same time, the exchange rate depreciated at an annual rate of more than 700,000%, while the real purchasing power of
wages
– which barely represented 1,400 calories a day in December – was decimated further.
Production costs (wages, office rents, land, capital, etc.) in China’s coastal provinces – where most of the country’s manufacturing and service production, as well as foreign direct investment, are located – have been rising fast.
Since last year alone, minimum
wages
in nine of twelve coastal provinces (including Beijing) rose by an average of more than 21%.
Once the eurozone has reached the so-called “Lewis turning point” – when surplus labor is depleted and
wages
start to rise – growth rates will fall to a level that better reflects demographic dynamics.
In order to cap the rise in labor costs,
wages
were suppressed, growing by only 5% annually over the last 20 years, even as productivity grew at an annual rate of 8.5%.
None of this was achieved, as the economy deteriorated under the impact of the fiscal measures, which were not offset by a surge in exports, because
wages
could not be lowered to gain competitiveness.
And the industrial livestock system, with its low
wages
and poor health and safety standards, does not provide a good alternative for employment.
On the effects of the globalization of trade in goods and services, the discussion emphasized the costs to domestic employment, wages, and inequality.
Of course, migration creates real challenges for communities and can lead to job losses and lower
wages
for native workers.
And if the decline in nominal
wages
signals that there is an excess supply of labor, matters only get worse.
Even though the pools of workers may be somewhat segmented, there is enough overlap that it forces service-intensive industries to pay higher wages, at least in the long run.
GDP has nearly tripled over the past 20 years, but, with real
wages
rising at less than half this rate, growth has become decoupled from the fate of ordinary citizens.
Worse, service industries are falling further behind large manufacturers in terms of productivity and
wages.
Many families now face stagnating wages, owing to the kinds of jobs now available, but are determined to cling to a lifestyle that they can no longer afford.
In the 1980s, US President Ronald Reagan and British Prime Minister Margaret Thatcher unwittingly extended the scope of welfare further, as they dismantled institutions and legislation designed to protect
wages
and jobs.
Automation is bound to increase profits, because machines that make human labor redundant require no
wages
and only minimal investment in maintenance.
As Asian
wages
rise, factory managers are already looking for opportunities to replace employees with robots, even in China.
We know that this year’s change in an inertial price, such as wages, tells us a lot about next year’s wage changes, while this year’s change in a non-inertial price, such as oil, tells us next to nothing.
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