The Alliance says those appearing in the list received a pay increase of 4.6 per cent, over double the government's target for public
sector wage inflation.
Not exact matches
While modest
wage inflation bodes well for the Japanese stock market on average, the
sectors best positioned to benefit are those in which wages as a percentage of revenue are low, typically in the single to low - double digits.
In the past, Australia's centralised
wage - setting system had the effect of spreading
wage increases across the economy to
sectors where profitability had not increased, resulting in higher
inflation and unemployment.
[158] Other causes include the rise in non-cash benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different
inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor - intensive
sectors, income shifting from labor to capital, a skill gap - driven
wage disparity, productivity being falsely inflated by hidden technology - driven depreciation increases and import price measurement problems, and / or a natural period of adjustment following an income surge during aberrational postwar circumstances.
Wage bargaining generally may not be very responsive to unemployment; wage bargains in a particular leading sector may reflect conditions in that sector, but then be transmitted, through concerns about relativities, into other sector s which experience quite different conditions; wage negotiator s may have unduly high expectations of future inflation in mind when striking their barga
Wage bargaining generally may not be very responsive to unemployment;
wage bargains in a particular leading sector may reflect conditions in that sector, but then be transmitted, through concerns about relativities, into other sector s which experience quite different conditions; wage negotiator s may have unduly high expectations of future inflation in mind when striking their barga
wage bargains in a particular leading
sector may reflect conditions in that
sector, but then be transmitted, through concerns about relativities, into other
sector s which experience quite different conditions;
wage negotiator s may have unduly high expectations of future inflation in mind when striking their barga
wage negotiator s may have unduly high expectations of future
inflation in mind when striking their bargains.
With three rounds of QE, the U.S. economy received no median
wage growth, little
inflation movement, a lackluster employment
sector with numbers are cooked, and 95 % of income gains going to 1 % of the nation.
The way the AWPA sees it, that means the resources
sector needs to get on with the task of training the people it will need to ensure it is not left exposed to the risk of the sort of
wage inflation that has undermined the return metrics of so many of our biggest projects.
Payouts to public
sector employees were also exaggerated by critics, who argue that rampant
wage inflation in the public
sector in recent years, has dramatically increased future costs.
Wage gains also outpaced
inflation in the
sectors of professional and business services, leisure and hospitality, government, trade, transportation and utilities.
Unlike public -
sector workers and our elected officials, most middle - class
wage earners in the private
sector lack the
inflation - indexed defined benefit pensions the public
sector enjoys, which are ultimately backstopped by taxpayers.
The measurements that will be discussed include the overall strength of the economy as measured by
inflation - adjusted gross domestic product (GDP), the job market, the housing
sector, consumer confidence, household net worth, the stock market,
wage growth and
inflation, Fed policy, and interest rates.