Stagnant or falling real wages often coincided with rising unemployment and widening income gaps between skilled and unskilled labour (ILO, 2004 40 45 Akyuz et al, 2005).

Persistently weak labor productivity growth has created a situation in which unit labor costs do not fall, even if real wages remain stagnant or decline. Indeed, despite a 1.3 drop in real wages in 2011, unit labor costs remained unchanged.

Many influential economists are now worried that the US faces anemic growth and secular stagnation, owing to a persistent gap between aggregate demand and full employment. Stagnant middle class incomes imply weak aggregate demand, which in turn means slack labor markets and stagnant wages for most workers.

In fact, it's stagnant!

But it also has stagnant wages, busted banks, inadequate investment, weak productivity gains, dismal demographics, and anemic output growth. Its beggar thy neighbor economic model suppressing wages to subsidize exports should not serve as an example for the rest of the eurozone to follow.

In real terms, wages no longer rose (indeed, the average real wage has been stagnant for 25 years in the US), and a growing share of manpower (currently around 15 ) was without steady employment. Everywhere, the share of wages and incomes began to fall as a proportion of GDP.

In the face of relatively stagnant markets, volatile prices and declining terms of trade, investment dropped further, diversification stalled and productivity remained stagnant.

And when you get stagnant water, you get mosquitoes.

On the contrary, its recovery coincided with the easing of the extreme austerity imposed in 2011 13, which has encouraged households to spend more, despite stagnant wages. Even so, its economy remains 5.7 smaller than it was seven years ago.

Private sector wages as of public sector wages

In the United States, since 2001 we've had five years of economic growth, five years of productivity growth in the workplace, but median wages are stagnant and the percentage of working families dropping below the poverty line is up by four percent.

Wages boards 84. Wages boards set up under the Wages Boards Ordinance determine wages in a number of industries, services and plantations on a tripartite basis.

The study reveals a considerable difference between the wages of men and women, whether net daytime wages, daytime wages plus supplements or parity wages are examined.

And many think that these countries are stagnant, but they are not.

Average wages

Higher energy costs (owing to increases in both excise taxes and electricity rates), credit bottlenecks, specialization in stagnant export markets, and generalized policy uncertainty all seem to have played a role. As a result, Greek export prices have not come down nearly as much as wages.

Determination of wages.

Good wages, eh?

Income there stayed stagnant, as it zoomed ahead in the rest of the world.

With an unemployment rate of 8.5 , a labor force participation rate of only 64 , and stagnant real wages, labor income has fallen to an historic low of 44 of national income. And labor income is the most important component of household earnings, the major driver of consumption spending.

Scarce labor drives wages.

However, minimum wages exist.

Movements in minimum wages

Social protection, wages, pensions

(ii) Public sector wages

Wages (in 1000 balboas)

Wages boards Remuneration tribunals

Wages and food supplement.

Wages and food supplement

I get good wages.

Who guarantees our wages?

If women's wages were 67.6 of men's wages in 1999, they were 60.8 in 2003.

At present 39 wages boards are functioning and determine minimum wages for the following industries

The Wages of Economic Ignorance

(b) Adjustment of minimum wages

Wages From other economic activities

MONTHLY INCOME IN MINIMUM WAGES

Methods used for fixing wages

Average wages in higher education

I'll pay you top wages.

My wages, if you please.

During the period of 1998 2000 the wages of women constituted 72.7 of the wages of men.

Stagnant wages boost corporate surpluses, while subdued spending, a stifled service sector, and stunted start ups suppress domestic investment, with the resulting surplus savings often squandered overseas. The Berlin based DIW institute calculates that from 2006 to 2012, the value of Germany s foreign portfolio holdings fell by 600 billion, or 22 of GDP.

Because they had the sense that declining wages are worse than rising wages, even when the total amount of wages is higher in the declining period. Here's another nice example.

AND ECONOMIC SECTOR, 1992 (minimum wages)