Example collocations logo

Wages in sentence

1758 examples of Wages in a sentence

The longstanding stagnation in wages for unskilled labor was attributed to low-cost, labor-intensive imports, ignoring the corollary that Western workers’ consumption of labor-intensive Asian goods offset the effect on real wages.
Produced by Jeronim Capaldo of Tufts University and Alex Izurieta of the United Nations Conference on Trade and Development (along with Jomo Kwame Sundaram, a former UN Assistant Secretary-General), this model predicts lower wages and higher unemployment all around, as well as income declines in two key countries, the US and Japan.
The Peterson Institute for International Economics, which published the pro-TPP study, inexplicably states in its brief: “The agreement will raise US wages but is not projected to change US employment levels…” The result on wages is a conclusion of the study, whereas the employment “projection” could have been made before the computer crunched a single number.
Capaldo and his collaborators offer a starkly different outlook: a competitive race to the bottom in labor markets, with a decline in wages and government spending keeping a lid on aggregate demand and employment.
Critics of trade agreements have marshaled countless anecdotes about the adverse effects of imports on wages and employment in affected communities.
In regions with industries hit hard by competition from Chinese imports, wages have remained depressed and unemployment levels elevated for more than a decade.
Economists do not fully understand why expanded trade has produced the negative consequences for wages and employment that it has.
And German public-sector workers obtained an agreement at the end of March that boosts wages by 6.3% in the coming two years.
And the fact that higher wages in Germany will be matched by lower wages across southern Europe suggests that continent-wide inflationary pressures will remain subdued.
They have to cut wages, pensions, and other costs in order to achieve the same gain in competitiveness needed to substitute external demand for internal demand.
This simple fact creates a fundamental contradiction for the internal devaluation strategy: the more that countries reduce wages and costs, the heavier their inherited debt loads become.
Reducing the tax rate for companies substantially, while eliminating targeted business-tax preferences and broadening the corporate-tax base, would increase both investment and workers’ wages.
Given that recent research shows that much of the burden of corporate taxation is borne by workers in the form of lower wages, Democrats should embrace tax reform as a way to support income growth.
This new approach stressed three major components: a shift to services to boost job creation; accelerated urbanization to raise real wages; and a more robust social safety net to provide Chinese families with the security needed to channel their newfound income from fear-driven precautionary saving into discretionary consumption.
If not, the ECB will stop supporting the Greek banking system, and the government will run out of money to service foreign debts and, more dramatically, to pay Greek citizens their pensions and wages.
In short, when girls are educated, safe, healthy, and empowered, they raise healthier and more productive families, earn higher wages to invest in their children’s futures, and contribute to economic growth in their countries.
Moreover, Chinese wages have been rising rapidly.
East Asian economies leveraged their comparative advantage – low wages – to produce labor-intensive consumer goods.
Others argue that governments should simply subsidize low-income workers’ wages.
As the costs of automation fall relative to manufacturing wages, and as global industrial production becomes less labor-intensive, Africa will lose some of the advantages that it is currently counting on.
Since the Industrial Revolution in the West, Japan, several East Asian countries, and now China have all undergone large-scale industrialization, partly because they had competitive wages.
First, with the current raw materials bonanza driving up prices of exported goods, the region is increasingly vulnerable to the so-called “Dutch disease,” whereby higher wages and prices spread throughout the economy, weakening competitiveness, particularly in industrial markets.
At the same time, nominal wages in Bitcoin would increase forever in real terms, regardless of productivity growth, adding further to the likelihood of an economic disaster.
Now, the baby boomers are retiring from relatively high-wage jobs while young people, who start at relatively low wages, are still pouring in to the labor market.
And they refused to raise employees’ wages.
Countries can learn from one another how to achieve inclusive growth when addressing issues like unemployment, falling wages, housing, and health care.
For example, the rise in inequality has many causes: the addition of 2.3 billion Chinese and Indians to the global labor force, which is reducing the jobs and wages of unskilled blue-collar and off-shorable white-collar workers in advanced economies; skill-biased technological change; winner-take-all effects; early emergence of income and wealth disparities in rapidly growing, previously low-income economies; and less progressive taxation.
With credit exhausted, the effects on aggregate demand of decades of redistribution of income and wealth – from labor to capital, from wages to profits, from poor to rich, and from households to corporate firms – have become severe, owing to the lower marginal propensity of firms/capital owners/rich households to spend.
Their interests were aligned, because higher tariffs allowed workers to demand higher wages, while capitalists could still make higher profits in the absence of foreign competition.
In the US, manufacturing workers’ wages have long been stagnant, and job opportunities in the sector have fallen rapidly.
BackNext