At the same time, the aggregate wage cost that firms bear has fallen sharply as expensive baby-boomers retire and cheap, non-regular employees take up the slack.

与此同时，随着昂贵的婴儿潮一代的退休，廉价和非正式的员工填补了空缺，企业承担的综合工资开支已经急剧下降。

youdao

But there was a cost. Wage and price controls were used to contain inflation, which surged when controls came off.

但它也是有成本的：收入和价格应该用来控制通胀，但随着这种控制失去作用，通货膨胀大举提高。

youdao

Under current rules, Brazil's minimum wage will rise by 7.5% in real terms next year—at huge fiscal cost, since pension payments are linked to the minimum wage.

在现在的制度下，巴西最低工资将在明年上升7.5%，因为退休金支出和最低工资是相联系的，所以这会导致巨大财政花费。

youdao

The wage cost works out to about 38 U.S. cents per shirt.

WSJ: Business Asia: Letter from a Bangladesh Factory

The standards, pushed by rich countries, were not made binding, in part because some developing nations suspected that the real motive was to reduce their wage-cost advantage and to give rich countries an excuse to discriminate against poor-country exports rather than to protect workers.

ECONOMIST: Fifty years on | The

So here's an idea that Governor Romney and I actually agreed on last year - let's tie the minimum wage to the cost of living, so that it finally becomes a wage you can live on.

BBC: State of the Union: Obama pledges to reignite economy