Sentence examples for Wage erosion from inspiring English sources

The median worker saw an increase of just 5 percent between 1979 and 2012, despite productivity growth of 74.5 percent — while the 20th percentile worker saw wage erosion of 0.4 percent and the 80th percentile worker saw wage growth of just 17.5 percent.

Two candidates running for president, Republican businessman Donald Trump and Sen. Bernie Sanders, a self-described Democratic socialist, have successfully made the damaging consequences of globalized U.S. trade policy — such as job outsourcing, wage erosion for mainstream workers, and corporate avoidance of taxes — central to their widespread populist appeal.

Adjusting the minimum to inflation, he said, at least would avoid the abrupt jumps in costs that occur when lawmakers try to rectify years of wage erosion all at once.

Ahituv and Zeira (2011) identify the wage and erosion effects of technical change on early retirement.

While the private sector has seen a startling loss of living wage jobs, the erosion of benefits, and the destruction of unions, academia has undergone its own slow transformation.

Competitiveness gauges such as these are notoriously sensitive to the price measure used, but on another indicator, based on relative unit wage costs, the erosion of Spain's cost edge is almost as marked (see chart 1, bottom).Both gauges point up problems in the same handful of countries: Portugal, Ireland, Italy, Greece and Spain a group given the ugly acronym PIIGS.

Nearly all of the increase comes as growing numbers of working parents find it harder to earn enough money to pay for food, clothing and accommodation due to weak wage growth, an erosion of welfare support and tax credits and the rising cost of living.

The best thing we could do for poor people would be to abolish the minimum wage (the steady erosion in its real value and coverage hasn't reduced poverty, but never mind).

Depending on the balance between the countervailing effects of erosion and wage developments, the effect of technical change on the probability to retire early is positive or negative.

Hence, we deduce that the non-linear relation between early retirement and technical change captures sufficiently well the balance between erosion and wage effects within these subsamples.

"This erosion of wage growth will only compound the deterioration of incomes and living standards that occurred over the course of the 2000-07 business cycle.