Sentences with phrase «about wage inflation»

(Occasionally people worry about Wage Inflation, but generally that's considered a result of high Price Inflation.)

Not exact matches

So again, this idea of consolidation was more about looking at history, trying to understand how markets trade, and the sense that there's probably more wage inflation than people perceive.
One key piece of evidence that inflation is about to pick up is wage growth.
In Vermont, where the minimum wage is currently $ 8.60 and has been above the federal level and indexed to inflation since 2007, small business owners don't think much about the annual wage increases anymore, says Betsy Bishop, president of the Vermont Chamber of Commerce.
Their inflation - indexed pension income is set at about 70 % of the retiring wage, including the Canada Pension Plan (CPP).
«Since early 2015, wage inflation has risen by about 0.6 % and annual job growth has slowed by about 0.4 %,» Jim Paulsen, Chief Investment Strategist & Economist at Wells Capital Management points out in an email.
In fact, if I were RS, I'd worry more about financial and other sectoral (housing) bubbles ending expansions more than I'd worry about full employment driving wage - push inflation.
However, given the weakness in the bargaining power of so many in the workforce, along with some anxiety about price pressures from wage - push inflation, such evidence must be scrutinized.
But later in the month, when the inflation numbers for the previous month are released, we should really say something about real, as in inflation - adjusted, wage growth.
Listen, and you go back years and think about if you got this sort of growth, this sort of wage acceleration, that the rate of inflation would be much higher.
Contained nominal wage growth is good if you worry about inflation picking up... but inflation has already picked up to almost match nominal wage growth, squeezing real wages to nearly zero growth.
The jobs data will be scrutinized closely for more clues about wage pressures and signs of inflation.
Despite roaring economic growth in the first half of 2017, the bank has been cautious about slowing exports, wage growth and inflation levels that remain below its two per cent target.
Wage bargaining generally may not be very responsive to unemployment; wage bargains in a particular leading sector may reflect conditions in that sector, but then be transmitted, through concerns about relativities, into other sector s which experience quite different conditions; wage negotiator s may have unduly high expectations of future inflation in mind when striking their bargaWage bargaining generally may not be very responsive to unemployment; wage bargains in a particular leading sector may reflect conditions in that sector, but then be transmitted, through concerns about relativities, into other sector s which experience quite different conditions; wage negotiator s may have unduly high expectations of future inflation in mind when striking their bargawage bargains in a particular leading sector may reflect conditions in that sector, but then be transmitted, through concerns about relativities, into other sector s which experience quite different conditions; wage negotiator s may have unduly high expectations of future inflation in mind when striking their bargawage negotiator s may have unduly high expectations of future inflation in mind when striking their bargains.
SCHNEIDER: The number one metric and this gets back into my comments about optionality for the Fed, but the number one metric that the Fed is going to be focused on is the tightness of the job market and wage pressures on the go - forward basis, so sure inflation — headline inflation has perked up a little bit.
By way of a reminder, the ECB has remained (too) optimistic about core inflation, largely partly on the view that a decline in potential growth to around 1 % and an increase in the equilibrium rate of unemployment would push wage growth and core prices gradually higher by 2017.
Much of the debate about slack, the drop in unemployment to 16 - year lows and wage gains goes to the heart of the Phillips Curve — a model developed in 1950s by New Zealand economist William Phillips to determine the inverse relationship between the unemployment rate and inflation.
Including that early»70s spike, New York's inflation - adjusted minimum wage over the past 60 years has averaged about $ 8.50 an hour.
California's plan would also bring about annual inflation adjusted increases in the minimum wage after it reaches $ 15 — another element that has seemed unlikely to be included in New York's eventual package.
WHEREAS the federal minimum wage would now be more than $ 10 if it had kept up with inflation, but Congress has tried to raise the minimum wage only three times in the last 30 years thereby leaving lowest - paid workers with just $ 7.25 an hour or about $ 15,000 annually for persons working full - time; and
The average wage indexing values for calculating the AIME are available from the Social Security Administration's site, but future indexing values will also need to be projected based on an assumption about their inflation.
But when you stop and think about it, persistent negative real wage growth does mean that the BOE will be less likely to tolerate higher inflation, which may have stopped forex traders from pushing the pound even lower.
Inflation fears, specifically worries about accelerating wage growth in the January employment report and that the job market might overheat if it tightens further, contributed to rising interest rates.
That measure of wage inflation is about 2.7 % percent.
While employees see a benefit in the rise of minimum wage, it might not be all it's cracked up to be as the cost of the inflation is about to rise by 50 percent for goods and services in the same short time frame, equaling, at minimum, $ 1,300 per household per year.»
On Wednesday January 29, 2014, her cabinet will decide on a new mechanism to compensate minimum wage earners for both future and past inflation and confirm the minimum wage increase on Thursday January 30, to about $ 11 an hour.
For much of the economic expansion, wage increases have been moderate, about 3 percent annually, helping keep inflation in check, says Sheehan.
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