The low wages, long hours and dangerous working conditions led to Bristol's first strike in 1889, and eventually to the organization of labor unions.

Though rising labor costs mean that American workers are earning more, higher wages can also lead to higher prices for goods and services.

Rising wages, inflation and excessive public spending led to a loss of competitiveness in the Irish economy.

Falling wages should have led to lower capital-labor ratios.

Does he also agree that a minimum wage and higher taxation would lead to even greater unemployment?

But it is difficult to make an ironclad case these days that rising wages will lead to a general increase in prices.

Other things being equal, then, higher wages should lead people to substitute work for leisure.

Higher wages leads to a smaller profit margin for the entrepreneurs.

And lower wages may not even lead to a quick rise in exports, if all of your European export markets are in recession too.

At the same time, extensive unemployment and low wages led to starvation and poverty.