Wages
in sentence
1758 examples of Wages in a sentence
It is no accident that the world’s best firms – which have the highest productivity, profits, and wages, and invest in strengthening human capital – are trade champions.
Even as the likes of Uber and Amazon, and, more fundamentally, robotics, add convenience, they do so by displacing working-class jobs and/or driving down
wages.
Still, the hope is that faster US growth and rising
wages
will quell voters’ populist rebellion.
Vietnam witnessed a dramatic fall in poverty, while in Mexico real
wages
fell.
It is delivering improved water security, a 25% increase in
wages
for agricultural workers, and more than 3.5 billion days of work, with the program as a whole reaching 30 million families per year on average.
Moreover, the region’s lower
wages
give firms an incentive to retain human workers.
The paper urges all countries to align real wage growth with productivity gains, get rid of automatic indexation of
wages
(long gone in France but still alive in Belgium), and commit to a minimum rate of investment in research and development, education, and infrastructure.
Benefits from increased future
wages
and the reduction in health-care use would be between three and 26 times higher.
Lastly, because the currency board freezes the exchange rate, stable rules and flexibility of
wages
and prices will need to carry the heaviest burden in making Brazil competitive.
Similarly, if Trump really does want to redistribute some income from capital to labor, and from corporate profits to
wages
(admittedly a big “if”), his policies could boost consumption; but his populist, protectionist policies would undermine business confidence, and thus capital expenditures, while reducing consumers’ purchasing power through higher inflation.
Yet sticking to the euro and forcing all of the adjustments in
wages
risks greater unrest; indeed, it might merely postpone the inevitable.
The increased spending leads to higher employment, an increase in capacity utilization, and, eventually, upward pressure on
wages
and prices.
Wages
so far have responded slowly to lower unemployment.
Employment and
wages
rose where the program was introduced, even though average working hours were unchanged.
Subdued wage growth in the face of a tightening labor market is unlikely to continue, and any big rise in
wages
will put strong upward pressure on prices (though this might not happen anytime soon, given the relentless downward pressure on
wages
coming from automation and globalization).
That structural shift, in combination with the renminbi’s strengthening effective real exchange rate relative to the dollar, owing to inflation and rapidly rising
wages
in export sectors, offers hope that China’s surplus will fall.
But strategic reductions of
wages
to ever lower levels (the Uberization of society) cannot be rational, because the result would be a catastrophic collapse, owing to disappearing aggregate demand.
The venture capitalist Peter Thiel, who recently joined the debate, falls into the latter camp, asserting that robots will save us from a future of high prices and low
wages.
Given that these new competitors demanded lower wages, they were the obvious choice for many companies.
Put another way, globalization lowered the
wages
of low-skill advanced-country workers because others would perform their jobs more cheaply, and then consume the value that they had created.
Similarly, the
wages
and salaries of low- and high-skill workers in the robot-computer economy of the future will not be determined by the (very high) productivity of the one lower-skill worker ensuring that all of the robots are in their places or the one high-skill worker reprogramming the software.
But the factory workers’
wages
were set not by their extraordinary productivity, but by what they would earn if they returned to the potato fields of pre-famine Ireland.
While there is no significant effort to cap spending on some of the largest fiscal programs, including the National Rural Employment Guarantee Act (which guarantees 100 days of
wages
to rural households) or the fertilizer subsidy, measures to improve implementation and reduce leakage are being put in place.
A lot of public attention and worry nowadays surrounds the new risks that globalization and information technology create for our
wages
and livelihoods.
The result could be higher
wages
that contribute to the creation of more new jobs – 300-365 million worldwide – as spending increases, with emerging economies gaining the most.
But if weak productivity growth persists – and with it subpar growth in
wages
and living standards – the recent populist backlash against free trade, globalization, migration, and market-oriented policies is likely to strengthen.
Although the current inability of Palestinians to work in Israel has had devastating economic consequences, there may be a silver lining: over the longer term resources might be reallocated towards export-oriented activities, as lower employment in Israel and lower levels of remittances pull down
wages
and thereby improve export competitiveness.
Comparing the outcomes of these two simulations suggests that large export flows of Palestinian labor to Israel reduce the capacity of the Palestinian economy to export goods by putting upward pressure on wages, undermining competitiveness.
Our simulations indicate that a non-discriminatory trade regime would magnify the potential positive impact of depreciation in the real exchange rate (as a result of the reduction in wages) on Palestinian GDP.
Obama would raise the top marginal tax rates on wages, capital gains, dividends, interest, and estates, especially on higher-income individuals and small businesses.
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