"Wage inflation" refers to the increase in the average wages or salaries of workers in an economy over a period of time. It means that the prices of labor are rising, causing employers to pay more to their employees. Full definition
However, the year - over-year growth failed to keep up with wage inflation in the nursing home which was greater than 3 %. (nic.org)
Bond yields have been rising as interest rate expectations have been rising, and the wage number confirms signs of wage inflation. (cnbc.com)
You'll need an income that is keeping up with the inflation rate to maintain your purchasing power — or better yet, increasing with wage inflation, to keep up with the neighbors. (monevator.com)