Wage developments remain a cause for concern, as the upward trend in the rate of increase in nominal wages recorded over recent years continued even when the economy slowed down.

欧元区雇员工资的走势仍然令人担忧，原因很明显，虽然经济增长缓慢，但近年来名义工资增速加快的趋势仍在继续。

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The increase, which comes into effect on New Year's day, raises the statutory minimum monthly wage in the Chinese capital to Rmb1,160 ($175) and the hourly rate to Rmb6.7.

此次上调将于明年元旦生效。北京市法定最低月工资将上调至1160元人民币（合175美元），最低小时工资将上调至6.7元人民币。

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Trade unions are demanding a 65% wage increase, about double the inflation rate, it reports.

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For instance, with assistance of rapid increase in wage rates, expected interest rate liberalization and further reforms, China is probably close to a turning point when income distribution switches from deterioration to improvement.

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The Congressional Budget Office estimates that the rate of unemployment below which wage pressure will tend to increase inflation is 5.8%.

ECONOMIST: The labour market