Sentences with phrase «wage gains have»

Wage gains have been harder to come by, with the year - over-year growth in hourly pay stuck around 2 percent that's characterized the expansion, now in its seventh year.
An improving labor market and steady wage gains have offset the rise in interest rates since Donald Trump's U.S. presidential win in November and tight inventories nationwide, analysts said.
Those figures show that wage gains have been a bit more brisk in low - paying sectors such as leisure and hospitality.
The longer - term trend for job creation in 2015 has been fairly robust, even if wage gains have been disappointing.
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.
Historically, job increases and wage gains have contributed to housing demand.
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.

Not exact matches

Despite robust job growth, wage gains so far in 2015 have amounted to a measly 2.2 %.
As they won wage increases higher than the current rate of inflation they would, for a short time, gain real wage increases.
Those gains would be wiped out as their wage gains spurred new inflation, of course.
Some analysts believe this has helped keep wage gains stagnant even as the jobless rate has fallen because employers don't have to raise wages as much to retain talent when there is less employee turnover.
«Prospects for renewed gains, other than a relief rally following the election results, would require somewhat larger wage increases and continued job growth as well as the maintenance of low inflation.»
With that cheeky introduction by host Carlos Watson, the PBS debate show Point Taken last night dove headlong into the fractious debate of salary transparency that has been gaining steam of late, especially as a way to bridge widening wage gaps based on gender, race, and social class.
If the upcoming U.S. jobs data shows gains in wage rises, that would propel the dollar higher,» said Shinichiro Kadota, senior currency strategist at Barclays Capital in Tokyo.
Throughout the event, speakers referred to statistics estimating that if India could close its gender wage gap by half, it would stand to gain $ 150 billion over three years.
But Stelco had just granted contract gains to Lake Erie employees, so USWA Local 1005, which represents the Hamilton mill, demanded similar wage increases.
Having acquired so much debt, Canadians are vulnerable to rate increases, and housing price gains have vastly outpaced wage growth.
Thus «we have been gradually raising interest rates,» he said, repeating that he expects inflation to rebound along with wage gains.
Economists had said January's wage gains might have been a one - time jump, fueled by increases in the minimum wage that kicked in at the start of the year in several states, as well as raises spurred by tax cuts enacted at the end of 2017.
«To have the lack of more substantial wage gains at this point probably helps to alleviate some of the immediacy on the four - interest - rate - hikes - in - 2018 question,» said Hamrick, the Bankrate.com analyst.
If I use the elasticity (price gains with respect to wage growth) from the full sample, the model predicts inflation hitting 2.8 % by the end of 2019; if I limit the sample to the 1980s, when the elasticity was at its highest, prices hit 3.7 % at the end of 2019, before which point the Fed would surely slam on the brakes.
The higher wage would boost labor income by 1.3 percent by 2019, with just 27 percent of those gains going to low - income households.
Healthcare is cannibalizing every other industry and has eaten up basically all wage gains in the past ~ 30 - 40 years — largely cuz we don't ration, have any kinda cost controls, and force everyone to pay for a fat - tail via high premiums.
We also have a great deal of data on productivity gains versus wage growth.
OK, I say back, let's look at the strong 1990s recovery (salmon dots; i.e., Ben tells me they're «salmon»; I'm color blind and even if I weren't, I wouldn't use salmon dots), where full employment eventually drove solid real wage gains across the pay scale.
Our starting point has always been that the imposition of the GST should not have an effect on wages because wage - earners will gain more from the accompanying fall in income tax rates than they will lose from the introduction of the GST.
If wage negotiations, for example, were to build in current low expected price increases — of the order of 2 to 3 per cent — that kind of behaviour would clearly produce better national outcomes than if larger increases (not backed by genuine productivity gains) were pursued and granted, only to be followed by a tightening of policy.
It began after the government reported Friday that average wage gains, which have been lackluster for years, had surged 2.9 percent in the 12 months that ended in January.
Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labor market tightness has allowed for some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.
Productivity gains have been weak, the participation rate (meaning the percentage of the labor force in employment) declined to 62.6 % in June — the lowest level since 1977 — and hourly wage growth was flat in the same month.
In many cities, home - price gains have outpaced wage and income growth over the last couple of years, and this kind of trend can lead to housing affordability issues.
Despite the weakness in manufacturing payrolls (a loss of 36,000 jobs in goods - producing sectors in May) that accompanies this secular shift, labour market tightness has allowed for some moderate wage gains and further declines in the unemployment rate, beyond the influence of the declining participation rate.
Grayson and Ellis rank high on the list due to the relatively low average wages and the recent bout of home price inflation that has far exceeded wage gains.
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).
Recent outcomes were similar in the public and private sectors, after a period in which public sector EBAs had delivered higher wage gains than in the private sector.
Wal - Mart's customers have benefited from lower fuel prices and job and wage gains.
In many U.S. cities, home - price gains over the last few years have outpaced wage and income growth by a wide margin.
Two of these — «Flower of Purity» and «Gentle Guide of Youth» — are especially relevant to our current theme In the Novena he composed in preparation for the Feast of St Philip, Cardinal Newman wrote: «Philip, well knowing the pleasure God takes in cleanness of heart, had no sooner come to years of discretion, and to the power of distinguishing between good and evil, than he set himself to wage war against the evils and suggestions of his enemy, and never rested till he had gained the victory.
Middle - class wage growth is stagnant in the globalized economy, while the well - to - do have seen great gains.
They might have to pay more, but it is no tragedy for our current population of low - skill workers to see larger wage gains during the good times.
@ Kat & Quid The hunderds, maybe thousands, of priests housekeepers who have been servicing the lads for room and board and minimum wage for decades and may want to gain marital staus and rights.
It's possible Bacary will stay until the end of his contract, but with his poor form and age, I wouldn't be surprised to see Arsenal cash in, gaining # 8m and 60k off the wage bill.
«In the past four years in the Cuomo administration, Kathy Hochul has been an important part of a team that has delivered progressive gains for New York's working families — an increase in the minimum wage for all New Yorkers, and a historic increase in wages for airport workers — and has been a staunch supporter of civil rights issues that matter to our members and everyone in the state,» said 32BJ SEIU President Héctor Figueroa.
«In other words,» Hawkins said, «half of American workers now make less than the 1968 minimum wage had the minimum wage kept pace with productivity gains.
«Instead of reaching out to union leaders to gain consensus on an affordable housing program that ensures middle - class wages for workers, (de Blasio) coordinated with a lobbying group — led by billionaire developers — to run an anti-union campaign that would lead to unsafe job sites and a low - wage workforce,» The Greater New York Laborers - Employers Cooperation and Education Trust and the New York City and Vicinity Carpenters Labor Management Corporation said in a joint statement.
Also at 11 a.m., fast - food workers and allies rally and meet with NYC Council members to urge them to quickly pass a set of bills to ensure they and other low - wage workers «hold onto gains they've won as US workers face an uncertain future under a new presidential administration in Washington,» City Hall, Manhattan.
The Wandsworth factor and demographic change go in favour of making Tooting a Tory gain for Mark Clarke and the loss of Labour votes to the BNP looks like going to aid Simon Jones» campaign to oust Jon Cruddas in Dagenham and Rainham; «Mr Expenses», Alan Keen, is more vulnerable than the figures suggest in Feltham and Heston (the current projection shows his wife, Ann, being defeated in neighbouring Brentford and Isleworth); Tory candidate Ed Northover wrote only this week about his efforts to win Leyton and Wanstead from Labour, whilst ConservativeHome has previously noted the energetic campaign being waged by Chris Philp in the redrawn Hampstead and Kilburn seat where he is now in genuine contention.
Women make up more than half of all minimum wage workers, and so would see grater gains than men.
There's a reason to celebrate the New Year: Wage Gains for Low - Wage New Yorkers By George Gresham, President, 1199SEIU Although these are trying and uncertain times, members of 1199SEIU have reason to celebrate.
Mr. Bharara has been waging a public campaign against corruption in Albany, and his efforts appear to have gained momentum since his office took over the files of the Moreland Commission, an anticorruption panel that Mr. Cuomo created in 2013 and then shut down last year.
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