The pace of consumer spending in the first half was too strong, so it will be slower in the second. The gradual increase in wages and decrease in unemployment will continue.
Wages have stagnated over the past couple of years; employers have no incentive to change wages. Eventually we will see incentive packages moving more closely in line with growth in the economy, but it's not going to happen soon.
Wages have been outpacing inflation. However, we're also seeing more layoffs this year than we did last year, so there is a lot of competition out there.
Wages have been having trouble keeping pace with inflation. You might be growing more jobs, and there may be more vacancies, but employers have been extremely reluctant to increase wages to lure people back into the job market.
Wages growth is, from what we hear, firmer than you would see in the official statistics.
Wages are still running a bit hot for comfort, the jobless rate is still quite low and the underlying trend in employment (especially full-time) remains strong.
Wages are really slow to move. The are really the last thing to adjust in a tightening labor supply.
Wages aren't keeping up with skyrocketing energy, housing, medical, and education costs. What's more, companies are laying off in one division while hiring?mostly contract workers?in others.
Wages aren't at a level that's going to prompt the central bank to raise interest rates. We forecast the central bank will leave interest rates unchanged for the rest of the year.
Wages are flat or falling. Health care costs for families with employer coverage shot up 79 percent from 1996 to 2003. Imagine the hit on families struggling to make it without job-based coverage.