wages

When a corporation says it doesn’t have money for wages or benefits while funneling millions of dollars to the top, it isn’t the result of a union-negotiated contract.

If the shutdown continues until 1 December, some 4.5 million paycheques will be withheld from federal civilian employees, making for about $21bn in missing wages, according to the Bipartisan Policy Center.

When the economy runs above capacity, it overheats; wages and prices rise.

It remains to be seen if wages influence any possible return to Scotland.

Specifically, could a reduction in workers available to perform certain functions within the job market lead to labor supply imbalances — and, in turn, pressure wages?