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Exact(3)
But as growth slows and the real value of minimum wages rises, that combination is becoming unviable.If the improvements in inequality are to be maintained, let alone continued, tough choices will have to be made.
After nearly six years of falling real wages, rises in weekly earnings have finally caught up with inflation.
"All of these other channels are also at play, besides simply the so-called law of demand, that if wages rises, jobs must fall," he said.
Similar(57)
Wages rose, too.
Will their wages rise?
As wages rise, so do firms' prices.
With reason: when they went, wages rose.
Wages rose, new machines were installed.
Wages rose, especially for skilled workers.
Wages rose and poverty fell.
Wages rose moderately in August.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com