Wages
in sentence
1758 examples of Wages in a sentence
Yet women around the world still face a massive gender gap in employment and
wages.
Because men are more likely to perform wage labor or farm cash crops, a climate-driven event like drought may cost them their
wages
and force them to move to cities to find employment.
According to the rules of national income accounting, in the absence of market prices, the contribution of the government sector to GDP is measured by the
wages
paid out by the government, regardless of how productive or useful the government jobs are.
Yet these countries hesitate to let actual
wages
fall for obvious social reasons.
The first option is to defend the
wages
of the low skilled through minimum-wage laws or paying social replacement incomes which imply minimum wage demands against the private economy.
Here government demand for labor keeps
wages
high.
Nevertheless, it might be better to let the market decide what kinds of products the low-skilled and less motivated part of the workforce should and could reasonably produce, which speaks for the American way of subsidizing
wages.
Governments across Asia must devise ways to transform their education and training systems, so that workers acquire the skills they need to boost economic growth and productivity – the key to better jobs and higher
wages.
Today, average nominal
wages
in the eight post-communist EU countries are about one-fifth of the West European level and often only a quarter to a half of Western levels of social assistance.
Currently their nominal
wages
are only about 7% of the West European average.
Western Europe has already experienced three decades of indirect migration into the welfare state, as social benefits have created artificially high
wages
for the unskilled, simultaneously fueling excessive immigration and unemployment.
To economize, but also to restore fairness, I announced a salary cut of around 40%, reflecting the average reduction in
wages
throughout Greece since the start of the crisis in 2010.
The EU, usually so keen to shrink my ministry’s outlays on
wages
and pensions, did not exactly embrace my decision.
Fewer than half of the young people that McKinsey surveyed claimed to have even basic knowledge of average
wages
or the prevalence of job opportunities in their chosen field.
The
Wages
of Wage FearLONDON – If all else fails, try the previously unthinkable.
Without a sharp increase in
wages
– mainly statutory minimum
wages
– populism will continue to thrive, and most Western economies will remain saddled with slow growth.
Don’t I know that higher minimum
wages
risk causing unemployment?
The risk in these countries is not the risk of rising unemployment, but stagnating wages, which has caused household demand to remain depressed or grow only sluggishly, thereby deterring businesses from investing.
In the US, low
wages
at the bottom end of the labor market have discouraged millions of working-age individuals from even seeking employment.
Even where the authorities have taken steps to raise minimum
wages
– the UK since last year, as well as US states like California and New York, which are targeting a $15 hourly minimum wage by 2020 – they are not moving fast or far enough.
In the US,
wages
for the top 1% of earners increased by 138% from 1980 to 2013, while
wages
for the bottom 90% grew by just 15%.
The tightening of the labor market should have led to higher wages, which would ultimately translate into higher prices.
In both the United States and Japan, despite low unemployment,
wages
are not increasing, at least not at the rate historical experience would indicate.
During the bubble years before the 2007 crisis, prices and
wages
increased sharply in the eurozone periphery, relative to Germany, which was plagued by high unemployment and stagnant
wages.
Now Germany is practically at full employment, but
wages
are not increasing at much more than 2% – far lower than the 5% rate that prevailed when Germany last had such low unemployment (below 4%), nearly 30 years ago.
Of course, talent should go where it is most productive, and higher private-sector
wages
reflect the potential for higher productivity.
But the lure of high private-sector
wages
has consequences for the quality of government, as South Africa is discovering.
But globalization makes it more difficult for developing countries to retain the talented individuals needed for institutional development, because the
wages
of talented people are set globally; many states, if not most, simply can't afford to pay what it takes to create the institutions they need.
They know that they can reasonably expect higher
wages
than their parents and grandparents earned.
The extraordinarily high proportion of foreign labor within the Gulf Cooperation Council (GCC) countries is often considered problematic, because, as some see it, it threatens local cultures and national identities, holds down wages, and impedes the development of domestic skills and talent.
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