41.   Rising U.S. wage costs will boost the cost of services, the analyst says, and the rising dollar will hurt profits of companies doing business overseas.

42.   Rising productivity and strong earnings have enabled companies to absorb the added wage costs.

43.   Some companies deciding to locate in Mexico are also looking to cut wage costs by putting operation in interior states, where wages and worker turnover are lower.

44.   That meant that wage costs were exercising less upward pressure on prices, thus dampening the inflation rate.

45.   That will squeeze profit margins against rising wage costs.

46.   The American example, the report continued, shows that greater flexibility in wage costs and regulation can help boost employment.

47.   The main threat to the low inflation rate is wage costs, the bank said.

48.   The main threat to inflation is wage costs, the bank said.

49.   The reports will include readings on unit wage costs, average earnings and unemployment.

50.   The taxes and charges needed to finance all the social cushioning have pushed up wage costs and so deterred hiring.