Sentences with phrase «nominal wages»

This chart plots quarterly changes in nominal wages for the bulk of working people.
Five - year mortgage rates are currently very low by all historical standards, but they are still relatively high when put in perspective with the growth rate of nominal wages.
Next we need to account for the fact that nominal wages typically increase over time.
Over the past year and a half, the growth in nominal wages has been matched by growth in labour productivity.
This occurs when the nominal interest rate is equal to the growth rate of nominal wages.
Next we need to account for the fact that nominal wages typically increase over time.
Since nominal wages will have grown during this period, we need to account for the fact that a job paying $ 14.50 in 2008 would probably be above $ 15.00 by 2019, so would not be directly covered by the proposal.
However, they did not attempt to account for factors such as differences in employment levels between 2008 and 2019, as well as differences in nominal wages between the two years, including the fact that Alberta will already have a $ 15 minimum wage in place by 2019, so this federal minimum proposal will not directly boost the wages of any workers in that province.
Chair Yellen has consistently maintained that as long as nominal wages grow no faster than the Fed's inflation target of 2 percent plus productivity growth, which is running at (a truly yucky) 1 percent these days, wages can grow 3 percent without generating inflationary pressures.
This can happen one of three ways: through Greek nominal wage cuts (which the Greeks can't accept), through high Eurozone inflation and stable Greek nominal wages (which the Germans won't accept), or through Greece getting control over its own currency, which will depreciate considerably relative to the Euro.
Although San Francisco tech workers have the highest nominal wages in the country ($ 134K annually), the study found that tech workers from nine other US cities are actually «better off.»
Proponents of this view emphasize behavioral factors, especially downward rigidity of nominal wages.
Since nominal wages will have grown during this period, we need to account for the fact that a job paying $ 14.50 in 2008 would probably be above $ 15.00 by 2019, so would not be directly covered by the proposal.
However, they did not attempt to account for factors such as differences in employment levels between 2008 and 2019, as well as differences in nominal wages between the two years, including the fact that Alberta will already have a $ 15 minimum wage in place by 2019, so this federal minimum proposal will not directly boost the wages of any workers in that province.
«The falls in nominal wages that workers have experienced during this recession are unprecedented, and seem to provide at least a partial explanation for why unemployment has risen less — and productivity has fallen more — than might otherwise have been expected,» Claire Crawford, programme director at IFS, said.
Suppose now that nominal wages have risen by 5 per cent, reaching $ 21 per hour a year later.
And workers in advanced economies have experienced low growth in their nominal wages.
New jobs need to continue to average 200,000 a month for another year to lure them back, and nominal wages must actually increase over and above 2 % to get back to 2012 and all the way until 2020 to approach levels of 2008, and again that's allowing for half of the lower participation for retiring boomers.
The reacceleration in energy prices feeds into wages because there is no more room to run and nominal wages increase to keep real wages stable.
Many workers have made financial commitments based on their nominal wages, commitments which are not mitigated by a deflationary environment.
It is quite possible for nominal wages to grow at a pace which is consistent with meeting the inflation objective, but still fast enough to close off opportunities for strong employment growth.
Borrowers, mostly companies, oblige by halting the growth in or cutting the nominal wages of workers.
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