Sentences with phrase «of wage gains»

Even with the strengthening labor market, most officials «still described the pace of wage gains as moderate», according to the minutes.

Even with the strengthening labor market, most officials «still described the pace of wage gains as moderate,» according to the minutes.

Indeed, a recent report by the Economic Policy Institute found that between 2000 and 2015, wages for the bottom 60 percent of male workers were flat or declined and that most of the wage gains have occurred among the highest earners.

But even at this anemic level, inflation is eating up three - quarters of wage gains.

«Discretionary dollars for holiday spending are limited for the large pool of lower - and moderate - income consumers due to lack of wage gains this year coupled with the increased payroll tax.»

The figure is 2.7 % above the hourly wages workers saw in March last year, which is broadly in line with the moderate pace of wage gains so far this year.

The spike this year has been faster than many economists predicted as a surging economy, the prospect of wage gains and a steep rise in prices for commodities such as lumber and gasoline stoke inflation worries.

«The faster pace of wage gains indicates that the labor market is tightening, with employers having to pay higher wages to get the workers they want.»

Even as employers hold down firings and add to staffs, workers may need a faster pace of wage gains to support the purchases that make up the biggest part of the economy.

«A further pick - up in the pace of wage gains could be the «smoking gun» for the Fed to express any shift away from «roughly balanced» risks to inflation,» said Mizuho analyst Vishnu Varathan in a note.