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  2. Real wages - Wikipedia

    en.wikipedia.org/wiki/Real_wages

    Labor productivity vs. compensation in the United States. Real wages are wages ... afford before and still have money left, but at the same time they simply cannot ...

  3. Iron law of wages - Wikipedia

    en.wikipedia.org/wiki/Iron_law_of_wages

    Assuming the demand for labor to be a given monotonically decreasing function of the real wage rate, the theory then predicted that, in the long-run equilibrium of the system, labor supply (i.e. population) will rise or fall to the number of workers needed at the subsistence wage.

  4. Backward bending supply curve of labour - Wikipedia

    en.wikipedia.org/wiki/Backward_bending_supply...

    The labour supply curve shows how changes in real wage rates might affect the number of hours worked by employees.. In economics, a backward-bending supply curve of labour, or backward-bending labour supply curve, is a graphical device showing a situation in which as real (inflation-corrected) wages increase beyond a certain level, people will substitute time previously devoted for paid work ...

  5. Real rigidity - Wikipedia

    en.wikipedia.org/wiki/Real_rigidity

    By showing their workers that they will provide stable real wages, firms secure their loyalty. [1]: 384 Seeing implicit contracts as a poor basis for real wage rigidities, new Keynesian economists sought other explanations. [1]: 384 Efficiency wage theories explain why firms might pay their employees more than the market clearing rate.

  6. Working time - Wikipedia

    en.wikipedia.org/wiki/Working_time

    The Law 2000–37 on working time reduction is also referred to as the Aubry Law, according to the name of the Labor Minister at that time. Employees may (and do) work more than 35 hours a week, yet in this case firms must pay them overtime bonuses. If the bonus is determined through collective negotiations, it cannot be lower than 10%.

  7. Wage labour - Wikipedia

    en.wikipedia.org/wiki/Wage_labour

    Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. [1]

  8. $7.25 an hour is not sustainable for anyone. Time to raise ...

    www.aol.com/7-25-hour-not-sustainable-133129664.html

    While all generations reel from increased prices, mine earns the lowest wages in the labor market. With inflation approaching the 10 percent mark for the year, it’s time to relieve us young people.

  9. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.