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Wage push inflation

💡 Words with a Similar Meaning to "Wage push inflation"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
wage increasenounthe amount a salary is increased
inflationaryOf or relating to inflation.
inflation ratenounthe rate of change of prices (as indicated by a price index) calculated on a monthly or annual basis
inflationary spiralnoun(economics) A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.
inflationistnounA proponent of inflationism.
hyperinflationnoun(economics) A very high rate of inflation.
wage scalenoun(business, labor relations) A system of remuneration for workers which specifies levels of payment based on set criteria, such as the skill levels of the various jobs or the number of years of experience possessed by workers.
economic growthnoun(economics) The growth of the economic output of a country.
wagesnounone's total income for a time period
real wageswages adjusted for inflation, or equivalently wages in terms of the amount of goods and services that can be bought.
macroeconomicRelating to the entire economy, including the growth rate, money and credit, exchange rates, the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices.
pay raisenoun(US) Standard form of pay rise (“an increase in salary or wages”). [(UK, Ireland, Australia, rest of Commonwealth, sometimes Canada) An increase in salary or wages.]
capitalist economynounan economic system based on private ownership of capital
expansionaryThat promotes or exhibits expansion; expansionist.
macroeconomynounA large-scale economy.
wage earnernounSomeone who works for wages, especially if that wage supports a household.
living wagenoun(economics) The minimum income necessary for a worker to meet their basic needs.
upward mobilitynoun(sociology) Ability to advance to better-paid or better-regarded social strata.
price indexnoun(economics) A statistical estimate of the level of prices of some class of goods or services.
labor marketnoun(economics) The market consisting of the supply of unemployed workers in relation to the demand for them.

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