Wages
in sentence
1758 examples of Wages in a sentence
With such anemic growth, how can Latin America expect to compete in world trade except through ever shrinking
wages?
Moreover, the total effect on labor income – the product of jobs times hours worked times average hourly
wages
– has been more severe than that implied by the job losses alone, because many firms are cutting their workers’ hours, placing them on furlough, or lowering their
wages
as a way to share the pain.
They live from paycheck to paycheck – often a shrinking paycheck, owing to the decline in hourly
wages
and hours worked.
Moreover, income and wealth inequality is rising again: poorer households are at greater risk of unemployment, falling wages, or reductions in hours worked, all leading to lower labor income, whereas on Wall Street outrageous bonuses have returned with a vengeance.
There are no places in the US economy where
wages
or product prices are rising more rapidly than expected.
As
wages
rose, Japan’s old labor-intensive activities migrated to later arrivals in the global economy.
NEW YORK – It has become impossible to deny the so-called secular stagnation gripping the world’s most developed economies: Wealth is piling up, but real
wages
are barely rising and labor force participation has been on a downward trend.
They pushed through tax cuts on profits and
wages
to boost investment and growth, with debatable results.
The German Leadership QuestionFRANKFURT – Many in the eurozone’s crisis countries complain that the source of their suffering is a rigid economic-austerity regime – including reductions in
wages
and pensions, tax increases, and soaring unemployment – imposed on them by Germany.
These companies spend €16 billion per year on goods, services, and
wages
in Ireland.
The biggest driver of growth in Spain over the last year has been increased private consumption, fueled by falling unemployment and rising real
wages.
The rise in real wages, meanwhile, is being driven partly by temporary factors.
Indeed, growth in nominal
wages
slowed sharply in the second quarter of this year.
In particular, the influx of Venezuelan labor has put significant downward pressure on
wages
in Colombia’s informal sector (including agriculture, services, and small manufacturing business) – and just when the government was hoping to raise the minimum wage.
The Dutch labor market has the highest concentration of part-time and freelance workers in Europe, with nearly 50% of all Dutch workers, and 62% of young workers, engaged in part-time employment – a luxury afforded to them by the country’s relatively high hourly
wages.
Starting with extremely low
wages
and an underdeveloped currency, German workers succeeded in competing against the world.
Wages
rose rapidly and most Germans experienced growing prosperity.
Chinese
wages
are even lower, at just 4% of the western German average.
The reforms helped to reduce the jobless rate, but at the cost of stagnant inflation-adjusted
wages
and widespread personal financial stress.
Workers could command higher
wages
if they did not have to compete against abundant labor in poorer countries.
In Ghana, 15 days’
wages
pays for a 30-day supply of just two of the drugs needed to prevent complications.
The concept of a “skills premium” – the difference in
wages
between skilled and unskilled workers – dictates that higher educational attainment should lead to higher compensation and more secure employment.
A third shortcoming is that, after an adjustment period,
wages
and contracts are more likely to adjust more frequently than they would with a 2% inflation target, making monetary policy less effective.
Tumen’s paper, too, takes on an argument frequently used to oppose admitting refugees: that the newcomers will take locals’ jobs and drive down
wages.
Since the trade deficit is widely thought to put pressure on US jobs and real wages, the US-China trade imbalance has come under special scrutiny in these days of great angst.
The third component is the post-welfare state, which is now part of the French model of citizenship and guarantees all full-time employees one of the highest minimum
wages
in the world and high employer-paid benefits.
Yet, on balance, the available evidence suggests that immigrants do not reduce
wages
for native-born workers.
In fact, it is more likely that immigrants increase
wages
overall.
One recent study of France, for example, found that each 1% increase in immigrants’ share of employment within a given département raises its native-born workers’
wages
by 0.5%.
But China’s past success also contributed to this slowdown, in the form of higher wages, which narrow the scope for rapid growth based on low-cost labor and technological catch-up.
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