11. But because of the recent strength of the economy, the sharp fall in unemployment and signs of rising wage pressures, the debate could be sharp. 12. But that is an assertion that the National Association of Manufacturers, no ally of wage pressures, flatly rejects. 13. But the employment report Friday confirmed an increase in wage pressures seen in other reports. 14. But the report also contained signs of possible wage pressures. 15. But unit labor costs, which are considered a crucial measure of wage pressures, grew faster than economists had forecast. 16. But the wage pressure has not yet appeared. 17. But with the injection of so many welfare recipients as workers, the wage pressure is dulled. 18. Despite the continuing strong demand for workers, wage pressures remain relatively subdued, he said. 19. Does that mean wage pressures have arrived, as Greenspan fears? 20. ECONOMIC PATTERN CONTINUES The economy is continuing to expand moderately with subdued wage pressures and stable prices, the Federal Reserve said in its latest regional economic survey. |