Wages
in sentence
1758 examples of Wages in a sentence
With so many trades and professions dominated by relatively cheap overseas labor, the indigenous population is often left with few occupational domains offering competitive
wages.
Workers were eventually absorbed by other sectors, particularly with the growth of industrial manufacturing, and average
wages
and overall prosperity increased dramatically – an excellent illustration of the so-called “Luddite fallacy.”
But when one considers today’s advanced-country malaise – years of stagnating or declining
wages
for average workers, growing income inequality, increasing productivity, and consumption supported by debt rather than income – there certainly seems to be ample reason to speculate.
The critical point here is that a retail price includes not only the price of the goods but also distribution costs -
wages
of shop personnel, rent, advertising, profit margins, etc.
Yet
wages
are vastly different and hence we expect lower retail prices in poorer cities and countries than in richer ones.
What goes for
wages
also goes for other distribution costs.
One view is that corporate investment is held back by labor-market rigidities
(wages
are stubbornly too high).
There is, however, scant evidence that the real problem holding back investment is excessively high
wages
(many corporations reduced overtime and benefit contributions, and even cut
wages
during the recession).
A loss of $170 billion can be attributed to future real wages, for households will find themselves paying higher margins to companies with more market power.
They are often subject to punishingly long working hours, non-payment of wages, forced confinement, starvation, beating, sexual abuse, and threats and intimidation.
Immigration countries gain because all but marginal migrants produce more value added than they get back in
wages.
If immigration countries suffer from chronic unemployment because
wages
are overly generous and rigid, as seems the case in most West European countries, migrants who find work will simply displace nationals from their jobs.
If workfare replaces welfare,
wages
will become more flexible enabling EU labor markets to absorb immigrants more efficiently.
If immigrants gain welfare benefits in addition to wages, more will be lured into coming than necessary, and marginal migrants would create welfare losses for the EU equal to the benefits.
MILAN – Since the global economic crisis began in 2008, Italy’s GDP has declined by about 8%, nearly a million workers have lost their jobs, and real
wages
have come under increasing pressure.
The similarities are large trade deficits, manufacturing job loss, asset price inflation, rising debt-to-income ratios, and detachment of
wages
from productivity growth.
The new business cycle also embeds a monetary policy that replaces concern with real
wages
with a focus on asset prices.
Whereas pre-1980 monetary policy tacitly aimed at putting a floor under labor markets to preserve employment and wages, it now tacitly puts a floor under asset prices.
Wages
have stagnated despite strong productivity growth, while the trade deficit has set new records.
That means ending trade deficits that drain spending and jobs, and restoring the link between
wages
and productivity.
It seems to have been triggered by a February 2 report that US
wages
had increased more than expected, as well as the fact that inflation has risen in the US and the United Kingdom.
Labor standards, minimum wages, and unions are part of the solution, as they were in countries that developed successfully.
Unions have historically been especially important since they engage in decentralized wage bargaining that tie
wages
to firms’ productivity.
Consequently,
wages
are market sustainable.
This reflects the declining share of
wages
in total GDP and the rising share of savings relative to household incomes.
Here, much can be done by improving existing government programs: expanding market-relevant training, increasing opportunities for married women to join or rejoin the labor force, reducing the penalties in Social Security rules for continued employment by older workers, and changing tax rules in ways that will increase productivity and
wages.
So, the ECB will encounter no problem of inflation being driven ahead by
wages.
So, no more wage moderation; with profits back it is time to get higher
wages
for workers back, too.
There were so many generous subsidies, grants, and transfer payments – aimed at everyone from the truly needy to artists unable to sell their work – that after-tax
wages
were often barely higher than benefits.
Employee ownership improves incentives for employee productivity, and reduces incentives for a firm to exploit its workers by, for example, imposing poor
wages
or working conditions on employees who, though highly productive, find that for personal or professional reasons their opportunities for alternative employment have decreased over time.
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