Wages
in sentence
1758 examples of Wages in a sentence
When the Fed’s job was, as former Chair William McChesney Martin famously put it, “to take away the punch bowl” as soon as
wages
started to rise faster than productivity, intellectual capture was not a concern: central bankers were not spending much time with workers and union leaders.
Strong competition from China kept
wages
and consumer prices in check.
With high unemployment in many parts of the labor market, downward pressure on
wages
will further exacerbate the country’s already skewed income-distribution.Labor markets will eventually clear, but this will happen slowly and painfully, owing to skills gaps and other short-term mismatches.
According to one study, this costs the EU €150 billion ($183 billion) per year in lost
wages
and spending, in addition to the hardship suffered by the many young people who are unable to find work.
Because this tax cut will take the form of lower withholding from weekly or monthly wages, it may seem more permanent than it really is, and therefore have a greater impact on spending than households’ very feeble response to the previous temporary tax changes.
They represent a collapse of governance; these are the
wages
of the sins of administrative incompetence and political malfeasance.
The combination of external shocks and internal pressure from rising
wages
can serve as a powerful incentive for governments and businesses to pursue structural reforms.
The studies we examined show that, in terms of wages, immigrants from close neighboring countries put a small amount of downward pressure on the
wages
of low-skill natives.
The University of Louvain economist Frédéric Docquier and his colleagues have been researching the economic impact that immigrants from developing countries have on host-country budgets, wages, and consumer markets.
Growth in traditional labor- and capital-augmenting technological progress, or in labor-displacing progress, would increase output, but growth in the latter would also lead to reduced labor demand and lower
wages.
By contrast, productivity growth, the deepening of automation, or the creation of entirely new tasks would increase labor demand and push up
wages.
Germany’s formula for the euro crisis has been to insist on fiscal belt-tightening and structural reforms to reduce future public spending on pensions and wages, make labor markets more flexible, and boost productivity, all in return for emergency loans.
One consequence of recent technological progress has been a decline in the relative share of
wages
in GDP.
Lodging an application, even one without any chance of being accepted, is appealing, because until it is rejected, the applicant receives basic housing, social services (including health care), and pocket money in an amount that may well exceed
wages
in his or her home country.
By the latter part of Obama’s second term, unemployment had fallen by half, to below 5%;
wages
were rising; and real median family incomes were finally increasing, by a record-high 5.2% in the most recently reported year, with lower-income groups benefiting from even higher gains.
Similarly, transnational corporations are often targets of NGO campaigns to "name and shame" companies that pay low
wages
in poor countries.
This should happen automatically through the invisible hand of competition, because the more productive firms should be able to deliver a better product at a lower price, while luring workers with higher
wages.
And the US financial sector, in greasing the wheels of the real economy, has been soaking up an astounding 30% of corporate profits and 10% of
wages.
Indeed, the secular decline in the proportion of national income accounted for by
wages
and salaries over the last 10 years in nearly every EU economy is a major obstacle to a recovery in private consumption.
An individual firm can cut
wages
without undermining demand for whatever good or service it produces.
But if all firms cut
wages
simultaneously, the resulting weakness of overall demand undermines companies’ incentives to invest, in turn depressing productivity growth.
In short, cutting the proportion of national income accounted for by wages, accepting a secular rise in inequality, and boosting the proportion of national income accounted for by corporate profits is no way to deliver sustainable economic growth.
Profit margins have expanded to record highs as companies have cut costs, delayed infrastructure investments, borrowed at ultra-low rates, and taken advantage of weak labor markets to avoid raising
wages.
At the same time, we should see meaningful upward pressure on
wages
for the first time in many years.
And the average hourly
wages
for all employees on private non-farm payrolls posted an annual increase of 2.5% in October, the biggest since 2009.
This means that an increase in real
wages
for workers will have the most immediate impact, even if the downside is lower profit margins for corporate America.
No economic recovery can sustain itself without rising
wages
and higher consumer spending power.
As manufacturing
wages
rise and labor intensity falls, Asia will need to rely more on services to create jobs for the millions of people who join the workforce each year.
As China continues to implement market-oriented reforms, the prices of non-tradable assets – such as property, natural resources, utilities, services, and
wages
– will continue to rise much faster than in the OECD countries, until they eventually converge.
Automation and other technological changes, globalization, weaker trade unions, erosion of minimum wages, financialization, and changing norms about acceptable pay gaps within enterprises have all played a role, with different weights in the United States relative to Europe.
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