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Todd is predicting average rises nearer to 5%.
The Bush administration backed away from a forecast it made public only last week predicting average job gains of more than 300,000 a month for 2004.
The MPC sharply revised down its forecasts for pay growth, predicting average wage rises of 1.25% by the end of 2014 - half its May forecast of 2.5%.
The IMF is predicting average growth of over 2% for 2012 and 2013, not meteoric but not bad for a mature economy.
The Bush administration backed away from a forecast it made last week predicting average job gains of more than 300,000 a month for 2004 but said it was confident of robust though unspecified job growth for the year.
The slowdown also reflected weakness in productivity and wage growth, the CBI said, but added that it expected a gradual improvement, predicting average earnings to increase by 1% this year and by 2.4% in 2015.
Similar(40)
Thus the population balance equation is to be considered as an "averaged" equation designed to predict average information.
We show in Fig. 3 the prediction curve with 95% confidence interval for the predicted average.
The currently predicted average is just 3%.
It predicted average fares would drop by 13-15% in the six months to the end of March.
A school's socioeconomic makeup can predict average test scores with startling accuracy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com