Are wages keeping up with inflation?Marshall Loeb
Are wages keeping pace with inflation? 工资的增长跟得上通货膨涨的速度吗?2) 常用短语词组galloping inflation 恶性通货膨胀. cost inflation 成本膨胀 demand inflation 需求膨胀 inflation uncertainty 通货膨胀的不确定性 wage inflation [经] 工资膨胀 monetary inflation 通货膨胀...
Our wages are failing to _ _ with inflation ● A. strive for ● B. keep up ● C. open up ● D. buy into 相关知识点: 试题来源: 解析 句意:我们的工资跟不上通货膨站的速度。A.争取,B.跟上,C.打开,D.买进。答案:B 该空后面有介词“with”,因此所选短语所带的介词有限。再结合语境...
"If prices are growing faster than wages, then people are getting inflation-adjusted pay cuts," according to Michael Strain, director of economic policy studies at the American Enterprise Institute, a right-leaning think tank. "Ultimately, this varies dramatically for every individual." Plus,...
So how does this play out with inflation? Low unemployment (when more people are working) means more consumers have thediscretionary incometo purchase goods, and the demand for goods rises. Workers can also bargain for higher wages, which are passed on to consumers in the form o...
"We're seeing headlines that, yes, wages did go up, but when you take into effect inflation, it's not up very much at all," said Molly Kinder, a co-author of the study and a fellow at Brookings Metro. And workers in these industries "started at such a low level that, even thoug...
Although consumer prices rose less than expected in November, persistent inflation has caused real wages to decline. Real average hourly earnings are down 1.9% from a year earlier, according to the latest reading from the U.S. Bureau of Labor Statistics. This leaves many Americans in...
Let’s take wage inflation—the rate of change in wages—as a proxy for inflation in the economy. With so many workers available, there’s little need for employers to “bid” for the services of employees by paying them higher wages. In times of high unemployment, wages typically remain ...
That leads to an even worse assumption regarding inflation. “We” cause it by our actions and demands. Workers asking for higher wages is termed “wage inflation”; landlords raise the rent so we have “rent inflation”; higher home prices are defined as “house inflation”. WHAT INFLATION ...
That means real wages, adjusted for inflation, were essentially shrinking. However, Bureau of Labor Statistics data show that situation started to reverse earlier this year, with wages finally going up a bit faster than prices. Poor marks for Bidenomics The Bank of America survey findings ...