Sentence examples for global wages from inspiring English sources

"You can't have an economy heavily invested in tradable goods and services that is completely oblivious to global wages," said Ron Bloom, special assistant to the president of the United Steelworkers.

"My thoughts on your topic are clear… and although the entire panel said the future of widget manufacturing is automation and that's a problem for global wages and labour, I think you've missed the point entirely".

Maybe I did force global inflation higher, and global wages too, to the point of imploding the U.S. banking Ponzi scheme (and the U.S. dollar) faster than Building 7 on 9/11.

There are many hard issues that contribute to the problem, global wage competition, automation, poor education, but these are exacerbated by actions taken by companies like Caterpillar".

The global wage gap has been narrowing, but recent labor market statistics in the United States suggest the adjustment has not gone far enough.

The UN agency used its latest report into global wage trends to examine earnings inequality between different earners within firms and between firms.

But it is not just low-skilled jobs, such as assembly-line work, that could be replaced: a report from the McKinsey Global Institute in 2013 found that up to $9tn in global wage costs could be saved as computers take over knowledge-intensive tasks such as analysing consumers' credit ratings and providing financial advice.

If the operation is relatively small, it's important to remember that language and cultural barriers, global wage inflation, the decline of U.S. purchasing power, political considerations, increased demand for overseas real estate, and your customers' privacy and security concerns all have costs associated with them.

But if people have fewer babies, those choices add up, over decades, to fewer people competing with one another, and, as pay structures converge, to a higher global wage.

For all studies done in countries for which both "gross average nominal monthly wage" in the International Labour Organization's global wage database [ 23] and "income share held by lowest 20%" in the World Bank's online data [ 24] were available, we also computed total costs as percentage of average annual income and percentage of annual income in the lowest quintile for each respective country.

Unfortunately, in today's global economy, wages for lower-paying jobs won't likely regain their levels of several decades ago (in inflation-adjusted terms), and even a higher minimum wage, while helpful, would only modestly reduce poverty.