Wages
in sentence
1758 examples of Wages in a sentence
Enhancing wage flexibility in an environment in which unemployment exceeds 11% will allow firms to cut wages, and lower labor costs will permit them to cut prices in an effort to gain market share.
It is unskilled, labor-saving technical change that is putting pressure on the
wages
of workers, whereas imports of cheaper, labor-intensive goods from developing countries help the poor who consume these goods.
In virtually all middle- and high-income countries,
wages
(as a share of GDP) have been steadily declining for nearly 40 years.
“Abenomics” has several components: aggressive monetary stimulus by the Bank of Japan; a fiscal stimulus this year to jump start demand, followed by fiscal austerity in 2014 to rein in deficits and debt; a push to increase nominal
wages
to boost domestic demand; structural reforms to deregulate the economy; and new free-trade agreements – starting with the Trans-Pacific Partnership – to boost trade and productivity.
Are
wages
too high?
US businesses could not, in aggregate, find extra low-wage workers to replace Chinese imports, and even the few US businesses motivated by tariffs to undercut Chinese imports would need to raise
wages
and build new factories, adding to the upward pressure on inflation and interest rates.
But the goal of global poverty reduction has imposed a burden of extra work on people in rich countries, both through the commitment to foreign aid and, more importantly, through globalization, which increases job insecurity and, particularly for the less skilled, holds down
wages.
An alternative is domestic deflation combined with extreme fiscal tightening – that is, a period of slow or negative growth in wages, incomes, and some prices of non-traded goods.
It describes how big corporations, led by the super-rich, are dodging taxes, driving down wages, cutting prices paid to producers, and investing less in their businesses in order to maximize returns for their wealthy shareholders.
They need to push businesses to consider the social impact of their decisions, set the direction of technological development, and regulate markets to prevent a race to the bottom on
wages
and corporate taxation.
Real (inflation-adjusted) wages, incomes, and living standards for America’s poor and middle-class households are at best only trivially higher.
The remarkable boosts to productivity that have been within America's grasp will ultimately lead to accelerating growth of real profits and real wages, if only US policy makers resist the temptation to pursue politically expedient, but economically damaging, measures to "protect" output and employment.
But they are also stoking fears about their effects on jobs, skills, and
wages.
If workers displaced by automation are unable to find new jobs quickly, frictional unemployment will rise, putting downward pressure on
wages.
Similarly, while bankers have regained their bonuses, workers are seeing their
wages
eroded and their hours diminished, further widening the income gap.
Weak growth in China’s major export markets (particularly in Europe, North America, and Japan), together with rapidly rising domestic
wages
and incomes, is driving the tradable part of the economy toward higher-value components in global supply chains.
Meanwhile, inflation, rising wages, and the renminbi’s nominal appreciation have driven up the real effective exchange rate, though this trend has been tempered, to some extent, by the euro’s persistently high value.
But rising
wages
– partly the result of mandated minimum-wage increases in some regions – are boosting household incomes, and there is already some evidence that the downward trend in consumption’s share of GDP has reversed.
In Germany, the link between
wages
and healthcare costs exacerbates this problem is exacerbated by the link between
wages
and healthcare costs.
Because of the link, : the artificially low price of healthcare not only increases healthcare costs, but also —it escalatesdrives up
wages
as well.
The failure of Merkel’s reform package to break the link between health costs and
wages
is a key reason why it has been widely criticized by economists.
Part of the problem is the emergence of China, whose ultra-low
wages
provide tough competition for Mexico, where
wages
are merely very low.
The job vacancy-to-applicant ratio now stands above parity, though it does remain low – even below 50% – in jobs such as clerical work, where automation is replacing workers and suppressing
wages.
Instead of giving anything like a straight answer about the policies he would pursue were he actually elected, he has stoked and manipulated their inchoate rage, rooted in frustration with stagnant
wages
and fear of the unknown.
Indeed, subprime mortgage lending delivered illusory wealth increases to Americans at a time when they were suffering from stagnant or falling real
wages.
Whatever the causes, average
wages
in the US have been stagnant since the 1970s.
Higher employment, rising wages, cash transfers to the poor, and state pensions have all helped to fuel progress.
Voters tend to credit increases in minimum wages, pensions, and social transfers to the government that provides them.
And consumption needs to be underpinned by high employment at adequate
wages.
The tight labor market and rising
wages
are inducing some individuals who had stopped looking for work to return to the labor force, boosting the participation rate.
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