Moreover,
such wage gains feed back into global prosperity more readily than other kinds of economic boosts, such as profits, because wage - earners use the money to buy more goods and services — precisely the economic stimulus governments have been trying to bring about since the crisis of 2008.
And
such wage gains feed back into global prosperity more readily than other kinds of economic boosts, such as profits, because wage - earners use the money to buy more goods and services — precisely the economic stimulus governments have been trying to bring about since the crisis of 2008.
Such wage gains could boost an already...
Not exact matches
Historically, job increases and
wage gains have buoyed the housing market and served as an offset to rising mortgage rates, warding off extreme scenarios
such as plunging house prices.
Looking forward, I expect to see stronger
wage gains in the near future, given the
wage improvement that has been displayed by other indicators in recent quarters,
such as the Employment Cost Index (ECI).
Those figures show that
wage gains have been a bit more brisk in low - paying sectors
such as leisure and hospitality.
B2C positions often command a lower
wage than those in the business sector but graduates going into retail sales can usually expect the skills
gained through their degree to be recognised and as
such may be fast - tracked to management positions.