The Chamber of Commerce said workers would earn actual wages paid to American workers or the prevailing wages for the industry they're working in, whichever is higher.

WSJ: Business, labor close on deal for immigration bill

The Chamber of Commerce said workers would get paid actual wages paid to American workers or the prevailing wages for the industry they're working in, whichever is higher.

NPR: Business, Labor Close On Deal For Immigration Bill

Instead it is aligning them with the prevailing manufacturing wages in the state where a new plant is located.

FORBES: Relentless

But anticipating more recent work, Mr Phelps, the theory's other pioneer, has long emphasised the need for measures to lower the natural rate--essentially, by making more people employable at the prevailing level of wages.

ECONOMIST: Up the NAIRU without a paddle

Until recently, there was no national minimum wage in China, and local minimum wages were typically below the prevailing market wage so as not to destroy jobs and growth.

FORBES: Obama's Minimum Wage Hike: A Case Of Zombie Economics