Rising wage pressure in this category signals that these occupations are experiencing shortages of employees with the necessary skills.
Rising wage pressure in this category signals that these occupations are experiencing shortages of workers with the necessary skills.
In the U.S, they keep talking about rising commodity prices and
rising wage pressures that are clearly evident everywhere will see whether productivity can offset that or not.
Not exact matches
While
wage pressures remain modest, core inflation is below target and inflation expectations are contained almost everywhere, the implication is that they should all
rise over time.
One of my favorite statistics is pointed out by Jason Benderly, who suggests that households headed by a male adult with spouse present is a sector whose unemployment rate can be most consistently used to determine when
wage pressure is beginning to
rise.
And recessions are often presaged by certain signals:
rising jobless claims; falling home sales; an inverted yield curve;
wage pressures that impact corporate margins; exogenous shocks, including oil spikes; or destabilizing valuations in key asset classes.
NEW YORK, Feb 5 - The dollar
rose against a basket of currencies on Monday as the U.S. bond market selloff levelled off after the 10 - year yield hit a four - year peak on worries that the Federal Reserve might raise interest rates faster to counter signs of
wage pressure.
«The first quarter's slowdown was led by consumers, whose incomes are under
pressure from slowing employment and
wage growth as well as
rising inflation.
Restaurants are often laggards when it comes to adopting new technology, but
rising labor costs due to higher minimum
wage and labor shortages coupled with food inflation has some looking to solutions that can provide some relief from the increased
pressure on already tight margins.
From my perspective, that look would tell them several things: 1) the U.S. economy is in recession, 2) the combination of weak producer prices and
rising wage and benefits costs means that profit margins continue to be under
pressure.
-- It's reasonable to worry that
rising wage growth amidst slow productivity could create price
pressures (though the previous bullet describes a
pressure value for that scenario).
A slowly
rising rate cycle in the face of full employment and modest
wage pressure isn't the worst environment for fixed income.
Given these conditions, a key issue for the Australian economy will be the extent to which the ongoing growth of demand might give
rise to capacity constraints and, consequently, upward
pressure on
wage and price inflation.
Also, the need for interest rates to
rise will be lessened to the extent that inflation expectations remain well anchored and
wage pressures in stronger parts of the economy do not spill over to other parts.
The
pressure on profitability reflects a combination of
rising wage costs and flat selling prices, which continue to be constrained in many parts of the manufacturing sector by strong international competition.
However, the recent large
rises in world commodity prices may revive inflationary
pressure, along with the emerging
wage pressure in the major coastal regions where labour shortages exist.
Pressure is likely to increase in the coming years due to the
rising costs of health care, pharmaceutical prices and a new minimum
wage.
Combine those issues with
rising pressures to boost school funding, reform the criminal justice system, address the minimum
wage rate and pay for a new Tappan Zee Bridge - well, it's a recipe made for behind - the - scenes deal - making in a Capitol where trading political chits has become an art.
The effects of
rising import prices on inflation diminish over the next few years, and domestic inflationary
pressures gradually pick up as spare capacity is absorbed and
wage growth recovers.
Geraldine Morris, head of family at LexisPSL, says: «It's no surprise that divorces are being delayed in the current economic climate; with high cost of living, increasing property prices and low
wage rises many families are feeling under significant financial
pressure, a
pressure that would be increased further if resources were stretched across two households rather than one.
Compared to 2013, in 20 of the countries studied, the overall
wage pressure rose, with the sharpest
rises in Ireland, Luxembourg and India.
In the Europe and Middle East region, there has been a
rise in talent mismatch, but the effect on the overall score has been limited by easing
wage pressure in the whole economy.
The score for
wage pressures in high - skill industries fell in 18 countries,
rose in 12, and stayed the same in three.
In the Asia Pacific region,
rising gaps in the pay between people in high - skill occupations and lower - skill occupations has been counteracted by lower overall
wage pressure.
Although overall
wage pressure has eased progressively over the past five years, salaries could still
rise in 2018 for top talent in key industries.
Upward
pressure on
wage rates associated with tight labor markets, the impact of new fiscal policies, and the threat of
rising tariffs on imported goods into the U.S. could very likely push inflation past the Fed's targeted 2 % goal.
For some time, we have been hearing about
rising pressure on
wage rates from seniors housing and care operators.