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Wages in sentence

1758 examples of Wages in a sentence

At the macro level, aggregate US productivity has increased by more than 250% since the early 1970s, while hourly wages have remained stagnant.
The fundamental consequence of this is that wages are no longer performing the central redistributive role they have played for decades.
Advanced technologies, particularly advanced computing and robotics, have enabled productivity gains to occur without a corresponding increase in wages.
Western countries will also need to create new redistributive mechanisms to supplement the declining role of wages in their economies.
Yet workers’ share of the pie is falling, thanks to high unemployment, shortened working hours, and stagnant wages.
A second, related lesson is that it is difficult to cut nominal wages, and that they are certainly not flexible enough to eliminate unemployment.
If the nineteenth-century “internal devaluation” strategy to promote growth by cutting domestic wages and prices is proving so difficult in Ireland, how does the EU expect it to work across the entire eurozone periphery?
This disillusionment arises, at least partly, from people’s own experience of work, whether exclusion from the labor market, poor working conditions, or low wages.
Remove China, which experienced particularly rapid wage growth, and annual growth in global wages dropped from 1.6% to a mere 0.9%.
Workers’ disillusionment is deepened by the knowledge that, as their average wages grow slowly or stagnate, the very wealthy are growing significantly wealthier.
As the ILO’s report shows, while wages have climbed gradually across almost the entire income distribution in most countries, they have risen sharply for the top 10%, and even more for the top 1% of employees.
In Europe, the highest-paid 10% of employees account for, on average, 25.5% of total wages, while the lowest-paid 50% get just 29.1%.
Minimum wages and collective bargaining can play an important role here.
One remarkable trend of the last few years has been the adoption or increase of minimum wages by countries hoping to mitigate inequality, with Mexico being the most recent example.
Recent evidence, including by the Minimum Wage Commission in Germany, shows that well-designed minimum wages – which meet the needs of workers and their families, while also accounting for economic conditions – can make a real difference at the lower end of the income distribution, without significantly harming employment.
A large body of research shows that immigrants have a negligible negative impact on the wages and employment of native-born workers, not to mention on the fiscal resources of destination countries.
With immigrants less able to negotiate wages effectively – owing to, say, language barriers or unrecognized credentials – countries end up with a two-track job market.
Another possibility, while Greek banks are still open for business, might be for the government to unilaterally implement some of its radical plans on wages and public spending, defying protests from Brussels, Frankfurt, and Berlin.
Belarus, which had been known (and praised by some) as a socialist haven in Europe, with a relatively generous welfare state and decent, if low, wages, suddenly has become an economic basket case.
So, awash in cheap loans, Southern Europe experienced a debt-financed economic boom that pushed wages and prices sky-high.
Deflation also magnified the real value of wages and salaries, thereby fueling layoffs and unemployment.
The official response to this is that no country should be forced to increase wages, and that everybody gains if structural reforms increase productivity.
There is little that government can do in a market economy to force down wages in the private sector.
But there is little empirical evidence that public-sector wages have a significant impact on private-sector wage growth.
But improvements in productivity are easily overwhelmed by changes in wages.
So the real question is, What drives wages?
Are wages driving demand, or vice versa?
If labor markets are flexible, this should result in lower wages.
Adjustment would be much easier, of course, if wages did not fall in Germany as well.
But, given that unemployment is actually declining in Germany, which in the past has tended to increase wages (moderately), this is unlikely.
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