Wages
in sentence
1758 examples of Wages in a sentence
Price growth of, say, 3% per annum (instead of 1) has clear additional costs, but may facilitate the adjustment of relative prices and
wages
across Europe.
This does not mean that collective bargaining agreements do not take into account inflation, but only that at a micro level a little inflation permits more "flexibility" in relative real
wages.
Real income from
wages
and capital for households in the same part of the income distribution was lower in 2014 than in 2005 for about two-thirds of households in 25 advanced economies – more than 500 million people.
Beginning in mid-2016 in California and Washington, DC, ballot measures to raise minimum
wages
passed with overwhelming support.
Workers’ wages, adjusted for inflation, fell in 2007, continuing a trend throughout this decade.
Median real income has fallen by over $1,500 in real terms, with American families being squeezed as
wages
lag behind inflation and key household expenses soar.
The tax rate required to fund social-welfare benefits depends on three factors: the dependency ratio (the ratio of recipients to taxpayers); the replacement rate (the ratio of benefits to average wages); and the economic-growth rate (roughly, productivity plus population growth).
Thus, countries on the EU’s periphery – Portugal, Italy, Greece, and Spain – with large public debt and current-account deficits, face lower real
wages
and high unemployment for some time.
Now, a third explanation is gaining traction: declines in full-time work opportunities and real
wages
are both due to automation.
For their members, international competition is a major threat as imports or immigrants may cut the
wages
of less skilled workers.
Fear of lowered
wages
plays into a broader coalition based on umbrella anti-globalization resentments directed against multi-national corporations and international financial institutions.
Losses can result from excessive
wages
paid by the ESM Governing Council members to themselves, a dearth of energy in efforts to collect debts from countries that have received credit, or other forms of mismanagement.
On the contrary, its recovery coincided with the easing of the extreme austerity imposed in 2011-13, which has encouraged households to spend more, despite stagnant
wages.
Labor unions that had long protected the rights of workers in Western countries lost their bargaining power, and with it the ability to negotiate for more humane working conditions and higher
wages
at home.
When opinion-makers in Western democracies promote the free international movement of capital, one could say that they are advancing the cause of global equality by raising the
wages
of workers in developing countries.
Although labor shortages have helped push up ordinary workers’ wages, the existing, highly unequal income distribution cannot be altered spontaneously.
Thus, as China’s labor-supply constraints tighten,
wages
should be determined not only by the relationship between labor supply and demand, but also by labor-market institutions.
Today’s feverish hand-wringing reflects a confluence of worries – especially concerns about inflation, excess investment, soaring wages, and bad bank loans.
Faced with stagnant
wages
and a declining quality of life, people feel frustrated – all the more so when their leaders keep telling them that things are getting better.
The precise impact of migration on
wages
is hotly debated among economists, but no economy can face a sudden surge in labor supply without some adverse consequences for at least some groups of “native” workers.
Persistently weak labor-productivity growth has created a situation in which unit labor costs do not fall, even if real
wages
remain stagnant or decline.
Indeed, despite a 1.3% drop in real
wages
in 2011, unit labor costs remained unchanged.
The increased interest rates are likely to retard private investment, which lowers future growth in employment and
wages.
Because pressure for higher
wages
was subdued, British exports became more competitive.
The balance-of-payments crisis of 1966-7 reflected the tendency of British
wages
to grow faster than productivity, the consequent trade deficits, and foreign investors’ reluctance to finance a position they saw as unsustainable.
In an economy unequipped for growth, household wealth relative to
wages
would soar, and the labor supply would shrink, causing employment to contract.
Even income policies that lift wages, and hence labor income and consumption, are a better source of domestic growth than currency depreciations (which depress real wages).
During past economic downturns, labor unions in Europe negotiated a reduced workweek or more vacation time with no reduction in
wages.
Beyond advocating higher minimum wages, some are calling for “reverse income policies,” with governments imposing across-the-board wage increases on private employers – a move that would drive up prices and defeat deflationary expectations.
As usual, in November’s US presidential election, it is the Democratic candidate, Hillary Clinton, whose platform includes policies that will promote greater economic equality, including a more progressive tax system, higher wages, and universal health insurance.
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