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Wages in sentence

1758 examples of Wages in a sentence

After all, according to conventional wisdom, global competition moves jobs to low-cost countries and puts downward pressure on wages everywhere else.
Employment rose by 11%, and blue-collar workers’ wages increased by 24%, fueling a more than 30% surge in private consumption.
In the United States, for example, lower-skill workers in the Rust Belt – the manufacturing region stretching from Michigan to eastern Pennsylvania – have faced decades of stagnant wages, while high-skill workers in finance and technology – Wall Street and Silicon Valley – have enjoyed soaring compensation.
Instead, Germany’s former social-democratic government weakened the pact when doing so was politically convenient, while less competitive eurozone members allowed wages to rise and the public sector to become bloated, and then looked away as easy credit fueled both debt and asset bubbles.
Wages are much lower than official figures suggest – perhaps as low as $200-300 per month.
Belarusians currently pay €60 for an EU tourist visa, which is a major obstacle in view of low wages.
Ultimately, reducing wages, public services, and household income impedes human development, threatens political stability, lowers demand, and delays recovery.
Falling oil and commodity prices – already down 15% from their peaks – will somewhat reduce stagflationary forces in the global economy, yet inflation is becoming more entrenched via a vicious circle of rising prices, wages, and costs.
Of course, such measures will be unpopular with labor and the right response here is to eliminate large taxes on wages so that money wages can rise without an offsetting decline in competitiveness.
In Silicon Valley, for example, immigration has not led to a decline in wages or the return on skills.
The wages of electrical workers are high precisely because they have appropriated a part of the rents created in an uncompetitive electricity market.
Hard times – low wages, inequality, regional deprivation, and post-crisis austerity – provoke a hunt for scapegoats, and foreigners are always a tempting target.
But banker-bashing failed to assuage public anger mainly because attacking finance did nothing to boost wages, diminish inequality, or reverse social neglect.
The new populism is often blamed on a generation or more of stagnant median wages.
Although pro-Brexit voters worry about the resulting pressure on UK wages, they generally do not reject the original goals of increased trade and capital flows that are the essence of globalization.
Europe desperately needs lower spending, especially on pensions and wages, and lower taxes.
After all, when a country still lacks real advantages, such as higher education, efficient markets and enterprises, and a capacity for innovation, it needs something like low wages to maintain growth.
China must avoid such a scenario, and if wages could increase in some meaningful way, it would indicate that the economy might finally reach the next stage of development, during which income disparities would be narrowed.
Naturally, this competition in the labor market suppresses non-farm wages: whereas labor productivity in non-farm sectors increased by 10-12% annually in the past 15 years, migrant workers’ real wages have increased by only 4-6% per year.
During this long process of industrialization, wages will increase gradually, but it is very unlikely that they will grow at the same rate as labor productivity.
This is bad news for reducing income inequality, as capital gains and high-end wages may grow much faster.
But it should be the good news for competitiveness, because Chinese wages will remain relatively low in terms of “wage efficiency.”
To prevent serious social tension, China’s government (at various levels) has begun to intervene by enforcing higher minimum wages, in addition to investing in a social safety net for the poor.
In some provinces, minimum wages have increased by more than 30%.
But the minimum wage is normally much lower than the effective wage, and thus has not changed the fundamental relationship between wages and labor productivity.
But that will happen only if the other countries’ wages are relatively more efficient (i.e., productivity there is ultimately higher than in China), and not just because Chinese nominal wages go up.
Nominal wages may increase, while real wages stagnate, owing to higher inflation.
Even if real wages increase in some coastal cities, “surplus labor” could keep the national average flat.
They must also update how independent workers are categorized, in order to adapt taxation, regulation, and benefits and protections (including anti-discrimination laws and minimum wages) accordingly.
I know that in some parts of Britain, there is real concern about the number of migrants coming from Europe and the pressures they place on services and wages.
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