"Wage inflation" refers to the increase in the average wages or salaries of workers in an economy over a period of time. It means that the prices of labor are rising, causing employers to pay more to their employees.
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Sentences with «wage inflation»
- However, the year - over-year growth failed to keep up with wage inflation in the nursing home which was greater than 3 %. (nic.org)
- Bond yields have been rising as interest rate expectations have been rising, and the wage number confirms signs of wage inflation. (cnbc.com)
- You'll need an income that is keeping up with the inflation rate to maintain your purchasing power — or better yet, increasing with wage inflation, to keep up with the neighbors. (monevator.com)
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