wage adjustment

基本解釋

European leaders' plans to achieve effective devaluation through major wage adjustment seem far-fetched.
歐洲領(lǐng)導(dǎo)人通過重大薪資調(diào)整、從而實(shí)現(xiàn)有效貶值的計(jì)劃似乎有些牽強(qiáng)。
Such imbalances can reflect shifts in competitiveness and warn of trouble ahead—especially, perhaps, in a currency union where the costs of wage adjustment are high.
這種赤字水平往往預(yù)示競(jìng)爭(zhēng)力的變化和將來的麻煩-尤其是一個(gè)在工資調(diào)整代價(jià)高昂的貨幣聯(lián)盟內(nèi)，可能更明顯。
But until quite recently pay has tended to be “sticky” on the way down: workers have generally been reluctant to take wage cuts, at least in nominal terms, which has made real-wage adjustment slow.
但直到最近，薪資仍很難向下調(diào)整：工人通常不愿接受減薪，至少在名義上是如此，這使實(shí)際工資調(diào)整緩慢。

This is why some economists argue that a little bit of inflation, say 3%, is a useful lubricant for relative wage adjustment, because it makes it easier to disguise real wage cuts.
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If the alleged benefits were voted down, there would be an immediate wage-demand adjustment on the part of most unemployed on the way to them finding work at wages that reflect actual demand for labor in the marketplace.
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Equal emphasis should be put on public-sector adjustment and nominal-wage reduction in the private sector.
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