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Wages in sentence

1758 examples of Wages in a sentence

For more than twenty years economists were enthralled to so called "rational expectations" models which assumed that all participants have the same (if not perfect) information and act perfectly rationally, that markets are perfectly efficient, that unemployment never exists (except when caused by greedy unions or government minimum wages), and where there is never any credit rationing.
Ever since China rejoined the global economy three decades ago, its trading partners have been snapping up its manufacturing exports, because low Chinese wages made them super-competitive.
Beijing, Shenzhen, and Shanghai raised their minimum wages sharply in the last three years – by 22% on average in 2010 and 2011.
Some manufacturing is migrating inland, where wages and land prices are still relatively low, and some export operations are shifting to countries like Vietnam, where they are lower still.
But many Western politicians (and, to be fair, their constituents) are unable to let go of the syllogism that seemed so unassailable just a decade ago: (1) The Chinese have joined the world economy; (2) their wages are $0.50 an hour; (3) there are a billion of them; and (4) Chinese wages will never be bid up in line with the usual textbook laws of economics, so their exports will rise without limit.
Median real (inflation-adjusted) wages have barely risen since 2005.
If intra-European trade barriers are imposed, and companies choose to invest elsewhere to access Europe’s single market, lower-paid jobs in disadvantaged regions may disappear altogether, or wages will fall further.
By this, corporate boards and investment strategists mean that they still believe that emerging economies are destined to grow a lot faster than the developed world, importing technology and management techniques while exporting goods and services, thereby exploiting a winning combination of low wages and rising productivity.
Because a tax on corporate profits reduces the amount of money that a firm has to invest or raise wages, they regard it as a levy on a firm’s employees rather than its owners.
If demand is too weak, it can lead to a sharp drop in employment (because wages and prices are rigid in the short term).
Likewise, as China’s demographic profile causes the labor market to tighten sharply, rapidly rising real wages will make it easier to achieve strong growth in domestic demand without excessive credit creation.
Keynes worried about price rigidities--the failure of prices and wages to fall when there is excess supply of labor or goods.
Keynes' colleague at Cambridge University, A.C. Pigou, voiced the standard theory of the time: if wages and prices fell sufficiently, then consumers with money would eventually feel well enough off (given how cheap everything had become) that they would start to spend, rejuvenating the economy.
Daily wages for laborers in Baghdad have doubled in the last three years – hardly a sign of rising unemployment.
In the US, hourly manufacturing wages are $15.00; in Taiwan they are $5.00.
Workers that do not upgrade their skills; factories that fail to upgrade into specialized, quality goods: both are doomed -- in the US to low wages; in Europe to the dole.
This is just the opposite of the old ways, with unionized drivers working for high wages at big firms.
Wages for autoparts workers have fallen by 40 percent over the past decade.
Today, outside contractors are performing many tasks and public sector wages fall.
Yet in that process good jobs are lost and millions of people thrown back into the labor pool, pushing wages down.
No surprise that politicians are picking up the theme -- good jobs at good wages, recreate the past.
But these new workers have also brought more employment competition and significant shifts in relative wages and prices, which is having profound distributional effects.
Less demand for their services will cause their relative (and perhaps absolute) wages to drop, causing income inequality to rise.
In rich countries, the stagnation of middle-class wages has caused understandable anxiety.
Politicians like Hillary Clinton in the United States are promising that they can cajole large corporations into paying higher wages.
Since it is increasingly difficult to recruit and retain soldiers, to do so will probably require raising their wages and improving their quality of life.
Likewise, while policies that encourage firms to increase wages will raise household income and domestic consumption, wage increases can erode export competitiveness and choke off inflows of foreign direct investment.
Real wages are set to plummet by 10% this year.
Installing a “conservative” central banker helps to keep inflation expectations in check, thereby holding down long-term interest rates and mitigating upward pressure on wages and prices.
Reluctantly, Samuelson concluded that there needed to be permanent controls over prices and wages to stop cost-push inflation.
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