Sentences with phrase «wage pressures»
"Wage pressures" refers to the factors or circumstances that create a force or influence on how much employers need to pay their employees. It implies a situation where there is increased demand or competition for workers, which can lead to higher wages being offered by employers to attract and retain talent. Full definition
A score of 10 in wage pressure in high - skill industries demonstrates how the battle for top talent is impacting salaries for experienced professionals, amidst the energy reform by the Mexican government.
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A higher score indicates the presence of overall wage pressures that are higher than the historic norm for that country.
You may see inflation remain below target, you may see a lack of wage pressures, and you could be in a relatively steady state like that for some time possibly.
Thus far the numbers do not show that, but there has been upward wage pressure starting to appear in some industries.
The report also revealed that easing wage pressures in European and Middle Eastern markets means that employers may find it slightly easier to attract and retain top talent relative to last year.
Rising wage pressure in this category signals that these occupations are experiencing shortages of workers with the necessary skills.
They will create few if any new jobs, while increasing the downward wage pressures of unemployment.
While wage pressures remain modest, core inflation is below target and inflation expectations are contained almost everywhere, the implication is that they should all rise over time.
The unemployment gap is in negative territory, but there are no significant wage pressures yet.
The more acute skill shortages are, the more in - demand talented finance professionals become, leading to further wage pressure and fierce competition to find the required talent.
Hundreds of billions of dollars in tax cuts and spending increases risk fueling inflation, as do wage pressures from a robust labor market.
Consumer price inflation is expected to remain well contained, with moderate wage pressures and the removal of the carbon tax.
A slowly rising rate cycle in the face of full employment and modest wage pressure isn't the worst environment for fixed income.
In addition, certainty and predictability are crucial for our business community when it comes to government - imposed wage pressures.
There is a sense that the recent wage pressure is not leading to overall pricing pressure.
Or seen another way, higher wage pressures = more automation.
Apart from increased labour market participation which increases the talent pool for employers to choose from, this is largely driven by lower overall wage pressures.
The score for wage pressures in high - skill industries fell in 18 countries, rose in 12, and stayed the same in three.
Rising wage pressure in this category signals that these occupations are experiencing shortages of employees with the necessary skills.
The wage premium attached to high - skill occupations in the US has been falling, reducing occupation - specific wage pressures on the labour market.
Outside of aberrations such as Fort McMurray, we are unaccustomed to thinking about upward wage pressures for non-superstars, so it should not be entirely surprising that we see this as unusual and a problem to be solved.
When it comes to longer maturity treasuries, even at 2.9 % on the 10 - year note, it's hard to get excited about the after - inflation return, especially if we are starting to see wage pressures push consumer prices up further.
In 2016, the overall Index score for Canada declined, suggesting the labour market is experiencing less pressure which is reflected in lower wage pressures.
The jobs data will be scrutinized closely for more clues about wage pressures and signs of inflation.
And I think the Fed is more sensitive to wage pressures now than they are going to be paying close attention to GDP, and next week is the core PC deflator, which the Fed «s preferred measure of core inflation.
Industry wage pressures in high - skilled industries has eased, as the gap between wages in high - and low - skilled industries has declined.
We should not fear but rather embrace upward wage pressures as a positive development that raises the standard of living for Canadians.
However, while wage pressures have risen in many of the countries analysed, in several there is evidence of an emerging gap between salaries in high - and low - skill industries, with Mexico, New Zealand, Germany and the US and the UK exhibiting the widest divergence between high - skilled and low - skilled workers» pay.
At some point, wage pressure kicks in.»
One of my favorite statistics is pointed out by Jason Benderly, who suggests that households headed by a male adult with spouse present is a sector whose unemployment rate can be most consistently used to determine when wage pressure is beginning to rise.
The «modest» wage pressures so far this year mean the labor market is tightening and could well exceed «full employment» next year, Rosengren said.
Despite heavy spending by a handful of top universities for the most talented, grant - winning researchers, most schools aren't seeing big wage pressures, largely because teaching jobs are in high demand.
Core inflation remains a steady bit less than 2 %, and wages were thus climbing only.5 % on their own power of traditional wage pressure.
Pockets of weakness persist for some less advantaged groups and in some parts of the country, a point Chair Yellen herself recently made, and even nationally, there's not all that much wage pressure.
If the Fed were to continue hiking rates based on the current low rate of productivity growth for fear that inflation would accelerate, that would tend to keep productivity growth permanently depressed by preventing wage pressures from pushing businesses to investment in productivity boosting technologies.
Though the second - quarter bounce back is dampening wage pressure for now, the weak trend in productivity suggests the economy's growth potential could be lower than the 1.5 percent to 2.0 percent pace that economists have been estimating.
Additionally, while average hourly earnings (AHE) still appeared sluggish in April's payroll report, there are other indicators of growing wage pressure.
The report found that «wage pressures generally trended with employment conditions.»
Official data on labour costs based on wage - bill measures, such as average compensation of employees and average weekly ordinary time earnings, also gave little indication of emerging widespread wage pressure in the September quarter.
It is possible, against a background of increasing inflation and a strengthening labour market, that the survey is signalling some pick - up in underlying wage pressures, but at this stage the extent of any such pick - up is difficult to assess.
Upward wage pressures persisted but generally did not escalate; most Districts reported wage growth as only modest.
Aggregate wage pressures have since firmed, particularly in the private sector, although wage growth remains below its immediate pre-crisis levels (Figure 10).
If you can not raise prices, and if wage pressures are fairly intense because of the kind of tight labor market we had in the 1990s, the only way to fund the wage increases without reducing profits is to improve labor productivity.