Sentences with phrase «nominal wage growth»

But year - over-year nominal wage growth came in at 2.5 percent last month.

We intend to closely monitor nominal wage growth to see if any pickup in it can help boost inflation.

While nominal wage growth has been lower than normal this cycle, when adjusted for the lower inflation we have experienced, real wage growth hasn't been so bad.

The midpoint estimate, which uses rather charitable assumptions of 0.50 % annual employment growth and 2.24 % annual nominal wage growth, and a far more generous splitting methodology than that used by the NDP, I get an estimate of 33,065 workers covered by the $ 15 minimum wage proposal, less than 1 / 3rd of the 100,000 worker claim.

As you've pointed out, your 2 % inflation target plus 1.5 % trend productivity growth allows for noninflationary nominal wage growth of 3.5 %.

Because nominal wage growth for a large fraction of workers has been held to zero, a somewhat higher rate of inflation would grease the wheels of the labor market by allowing real wages to fall (Akerlof, Dickens, and Perry 1996).

Same data lag (and even worse nominal wage growth after the oil bust in 86).

The midpoint estimate, which uses rather charitable assumptions of 0.50 % annual employment growth and 2.24 % annual nominal wage growth, and a far more generous splitting methodology than that used by the NDP, I get an estimate of 33,065 workers covered by the $ 15 minimum wage proposal, less than 1 / 3rd of the 100,000 worker claim.

The most accurate measure of labor market slack (and thus, the most accurate indicator of when the Federal Reserve should raise interest rates) continues to be nominal wage growth, and all signs point to an economy continuing to recover.

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.

Compared to the previous three months, nominal wage growth has remained unchanged, although it registered a rise to 2.7 percent from 2.3 in the financial sector, 1.3 to 1.6 percent in manufacturing and accelerated to 1.2 percent from 0.3 percent in construction.