11.   Keynesianism seemed to have banished mass unemployment for ever and wage rises seemed as natural and regular as the tides.

12.   So faster wage rises were needed if the system was to function smoothly.

13.   Holding down money wage increases can reduce both inflation and real wage rises, as lower cost increases enable employers to raise profit margins where competition is weak.

14.   At first, their dispute seems to be over issues that might be resolved fairly easily, such as wage rises that roughly track inflation.

15.   At that level, they argued, it is only a matter of time before wages rise and set off inflation throughout the economy.

16.   A weakening mark, historically low interest rates and modest wage rises should bolster growth once it starts, economists said.

17.   Congress sets the credit for poor workers, and phases it out as wages rise.

18.   Economists warned that double-digit unemployment and only moderate wage rises will weigh on consumer spending, which accounts for over half of economic output.

19.   EUROPEAN SHORT-TERM RATES Expectations for a U.K. rate rise faded as a report Thursday showed wage rises remain modest.

20.   German unions are becoming more flexible, sometimes sacrificing wage rises and benefits, in a bid to stem the rise in joblessness.