More recently, wage growth has shown signs of stabilisation, with growth in the private
sector wage price index unchanged for the past six quarters, while a broader measure of wage pressures, the growth in average earnings per hour, has picked up of late.
Not exact matches
An income profile for the typical U.S.
wage earner shows the degree to which the cost of living now reflects FIRE
sector costs more than
prices for commodities produced by labor.
And unemployment means no
pricing power for labor, no wages to pay off debts accrued during the bubble, a potential
wage of foreclosures and a resulting set off layoffs in the service
sector.
[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.
The pressure on profitability reflects a combination of rising
wage costs and flat selling
prices, which continue to be constrained in many parts of the manufacturing
sector by strong international competition.
While, in trend terms, the
prices of these services tend to increase more quickly than the overall CPI, the recent outcomes partly reflect the relatively high
wage increases in these
sectors over the past year.
One possibility is that the rigidity of public
sector budgets or
wage schedules causes schools to mechanically hire teachers of lower quality when the
price of skill rises.
It refers to the fact that if workers become much more productive doing some things — and their
wage has to be the same in all
sectors, then there's going to be a tendency for the
price of the areas in which labor is not becoming productive to rise.
In addition to representing clients in the commercial nuclear power
sector, Morgan Lewis assists the DOE's largest contractors in an array of complex legal, regulatory, contractual, and operational issues, among them labor, employment,
wage - hour, and employee benefits counseling; government contracts; environmental regulation;
Price - Anderson enforcement support; and nuclear indemnity and liability matters.
A combination of a high average
wage across the industry ($ 91,861), steady industry employment levels (3.8 / 1000 jobs in the tech
sector) and a booming housing market which has seen house
prices rocket in the past 5 years (+41.29 percent over 5 years), helped Denver beat off stiff competition from across the country.