Weak consumption during the global upswing was down to low real-wage growth, as well as caution: falling inflation should lift real income and spending.
Earlier this year, factory bosses complained that they could not find enough workers; and faster real-wage growth also suggested that demand for Labour was outpacing supply.
今年早些时候,工业主们抱怨找不到足够的工人;实际工资的高速增长也证明了劳动力市场供不应求。
3
Realwage costs have risen by 10% in the past year.