Sentences with phrase «boost labor income»

The higher wage would boost labor income by 1.3 percent by 2019, with just 27 percent of those gains going to low - income households.

Not exact matches

But closing down unnecessary capacity can pay for itself, even if unemployed workers are temporarily put on the government payroll (causing debt to rise, but usually by less than it had before), but only temporarily as Beijing takes other measures to boost household income through wealth transfers from the state and so to boost consumption, a form of demand which is likely to be more labor intensive than the demand created in the process of over-capacity.

Sluggish spending came despite cheap gasoline and a buoyant labor market, leaving economists to speculate that consumers were using the extra income to pay down debt and boost savings.

«Consumption is apt to be constrained by weakness in labor income and ongoing efforts to boost saving,» Hatzius said.

«A strong labor market, rising incomes and a growing economy are boosting demand for homeownership even as interest rates rise,» said Robert Dietz, chief economist of the NAHB.

«Though the main long - term drivers of housing activity remain stalled — namely below average growth in median household income, labor force participation, bank lending and household formation — metro markets continue to get a boost from pent - up demand caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.