real wages

For the bottom 10 percent, from 1979 to 2013, real wages declined by 0.2 percent.

All the macro statistics bear that out (percentage of people employed, real wages, percentage of GDP going to labor, etc.).

Inflation in the high-growth economies will change the relative real wages between the counties the same way a devaluation can.

Economists long ago discovered the necessity of distinguishing between money wages and real wages.

Then she would be free to go or stay, work for "real wages" for this mistress, or engage herself to another.

Now, we shall see that it is requisite to distinguish between money wages and real wages.

In order to establish any rational basis, the relation must be between real wages or standard of living and efficiency.

Two centimes daily are, however, deducted for messing, so that the real wages are five centimes per diem.