Sentences with phrase «wage stagnation»

People are waking up to the fact that years of wage stagnation for most workers has unfairly limited opportunities for millions and hampered economic growth.
Income inequality and wage stagnation for the middle class, for example, have been building for decades.
All the speakers and panels were flush with interesting analysis and practicable policy ideas to reverse wage stagnation, so give this Hamilton Project event a look.
They see flat inflation and wage stagnation as signals that the economy still has a ways to go before needing a big shift in monetary policy.
He bolsters his argument by citing statistics about the U.S. - China trade balance; the U.S. has a $ 23.9 billion trade deficit with the East Asian economic giant, which Reich sees as responsible for continuing wage stagnation in the United States.
major shifts in the economy such as persistent wage stagnation and rising inequality have made it increasingly difficult for hardworking people to make ends meet.
The key driver of these income trends, besides lower employment and hours in the aftermath of the financial crisis, has been wage stagnation over the last dozen years.
On balance, the Clinton plan could be a step in the right direction to address wage stagnation.
And although many jobs have gotten worse in the past few decades, pilot wage stagnation distinguishes itself in several respects.
And he comes from the very kind of place — with wage stagnation and job loss — that powered Trump's election.
There is, though, another possibility; that the recent hints of a wages bump are largely an artefact of unexpectedly low inflation, and that the underlying wage stagnation continues.
Spitzer shared the stage with JDS Development's Michael Stern and Stonehenge Partners» Eyal Reggev to talk about New York's luxury market, but instead spent most of his time talking about wage stagnation and growing economic inequality in the U.S..
And, not least, there are profound underlying problems with the political economy which has been built through the existing UK state: the fragility and unevenness of economic growth, employment precarity, long - term wage stagnation and housing market inequality.
And on Wednesday, the Office for National Statistics published figures showing wage stagnation, with average wage increases continuing to fall behind inflation.
Despite the fact that there are more jobs available for younger workers, widespread wage stagnation and decline has made it hard for 20 - and 30 - somethings to play financial catch up.
One of the factors driving wage stagnation may be that millennials in the workplace aren't negotiating hard enough when it comes to starting salary and pay increases.
Factor in the stubborn wage stagnation that's persisted in the years since the Great Recession, and any kind of future financial independence — stability, even — seems hopelessly out out reach for many Americans.
Add wage stagnation and Australia's overall score has returned to 5.5, a figure not seen since 2013.
On the other hand, the individual cuts that Hubbard helped shepherd through under President Bush, and the individual cuts that Goolsbee helped shepherd through under President Obama — they didn't do much to address the bigger, longer - term trend of wage stagnation.
In the wake of the general election, there were reports of debates within the Cabinet about whether to ease the constraints on public sector pay and try to reverse wage stagnation.
The evidence is there for all to see — shuttered factories in big cities and small towns all over America, persistent wage stagnation and high unemployment for workers without college or specialized vocational skills.
In the European context, this means targeting unemployment and wage stagnation as opposed to fiscal austerity.
Globalization is much maligned these days for job losses and wage stagnation.
How could wage stagnation, a negative long - term trend, be helping the American economy?
Wage stagnation has been a staple of economic analysis and commentary for a while now, though perhaps predictably there's little agreement about what's driving it.
The Raise the Wage Act measures proposed by Senator Patty Murray and Representative Robert «Bobby» C. Scott will take important and long - overdue steps to address the national crises of wage stagnation and income inequality.
And this, of course, has major implications for the policies we pursue to close the gap and reverse the wage stagnation for the majority of the workforce.
Furman argues that such business concentration is a leading cause of inequality and wage stagnation.
Job losses and wage stagnation are NAFTA's real legacy.»
«Unions are a powerful weapon in the fight against inequality, wage stagnation and a system that doesn't represent the needs of a large majority of American workers.»
Wage stagnation, underemployment, the exploding cost of a college education and the erosion of pensions have left many without hope,» he said in a statement to the press.
«Wage stagnation, income inequality, poverty, homelessness, minority youth employment, challenges around [prisoner] re-entry — these are all problem that we have discussed for, literally, decades,» Cuomo said at his Manhattan office, surrounded by several major labor leaders and advocates for the hungry and homeless.
«At a time of wage stagnation and an economy that replaces good jobs with those that confine workers to poverty, it's shocking that the City would even consider destroying the horse carriage industry,» Mario Cilento, president of the AFL - CIO, said.
«But a necessary part of having a balanced program is to address the stubborn economic and social problems that have existed for decades: wage stagnation, income inequality, poverty, homelessness, and minority youth employment, challenges around reentry, these are all problems that we have discussed for literally decades.»
Beyond the existing propensity among this age group to use online and app - based dating services, the aging population and those same economic pressures (low growth, wage stagnation) will have an impact on the 35 - 65 year - olds of 2050.
She's ready to work with us to confront the issues facing children and their families today, including poverty, wage stagnation, income inequality and lack of opportunity.
Poverty, wage stagnation, income inequality, violence, discrimination, lack of opportunity — all of this impacts our kids.
For a society grappling with inequality and wage stagnation, that's deeply troubling.
With above - average salaries and an abundance of career opportunities projected over the next two decades, the oil and natural gas industry offers solutions to wage stagnation and income inequality, which remain major concerns in our still - struggling economy.
Wage stagnation has let up at least a little bit since the recession, so you might find there's more money to be made in your current position.
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