Most indicators
of aggregate wage growth remained firm in the December quarter, though there are few signs that the strong wage pressures evident in some sectors are becoming generalised.
The pace
of aggregate wage growth picked up from 2003 until 2008.
Not exact matches
Note the recent slowing
of the
aggregate real
wage measure at the end
of Figure 3, largely a function
of faster inflation growth (the energy effect noted above) and some slowing
of job and (blue - collar)
wage growth.
Other official labour cost data based on
wage - bill measures, such as average weekly ordinary time earnings and average earnings from the national accounts, paint a similar picture, identifying firm
wage outcomes but giving little indication
of an acceleration
of aggregate wages growth.
The increases granted will raise the rate
of wages growth for workers on award wages, but the acceleration is quite mild and it will have only a small impact on
aggregate wage costs.
«The
aggregate wage bills
of the 20 Italian, 20 Spanish and 18 German top - division clubs continue to converge and are within 5 per cent
of each other.»
According to the report by Howard Reed
of Landman Economics and commissioned by Unison: «It is unlikely that the extension
of the living
wage to all UK employees would result in any substantial
aggregate employment losses.»
Randstad's analysis ranks each occupation by the change in the
aggregate wage bill for full - time staff between 2002 and 2014, adjusting for the effects
of inflation.