Your English writing platform
Discover LudwigExact(24)
So we'll see wages go up, but still not enough to afford the cost of living in the UK.
"Labour market slack still exists and we will not see wages increase meaningfully until the labour market tightens further.
Since September, as you can see, wages ticked up slightly as businesses reported having less trouble finding workers, although both data sets are a little noisy.
The different eurozone countries face such divergent conditions that it is impossible to generalise, but here we are starting to see wages and salaries climb.
It's hard to see wages suddenly reverting to those unsustainable, pre-recession, heady days for workers, as the MPC keeps predicting.
And in the absence of a tighter labor market, there is little chance that workers will see wages increase anywhere near as much as corporate profits have.
Similar(36)
For full treatment, see wage and salary.
In a nutshell, Mr Maskin argues that skilled workers in developing countries are coveted by multinational companies and see wage rises.
"The tightening of the labour market means that, instead of waiting to see wage growth pick up, I think it is appropriate to anticipate that wage growth.
Martin Bailey, chairman of the president's Council of Economic Advisers, said, "We don't see wage pressure coming from the labor market at this time".
"As the labor market tightens we should see wage growth rise, however it's clear that we are not at a level consistent with full employment.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com