1.   An increase in the real wage will reduce employment and a Decrease in the real wage will increase employment.

2.   Thus, in the Keynesian model, a fall in aggregate demand leads to a fall in real income and reduces employment.

3.   And, indeed, the study found that living-wage laws reduce employment.

4.   Another wage increase might indeed reduce employment, Krueger says.

5.   Because deregulation could reduce employment in certain areas, the government may need to provide training programs in new business areas for those losing jobs, the OECD said.

6.   Boeing said that the cuts would be included in its previously announced plan to reduce employment over the next two years.

7.   Both sides said the agreement would enable the hospitals to reduce employment gradually, and thus become more efficient and keep costs for patients under control.

8.   But GM has not been able to reduce employment to match because of its restrictive labor contracts, Harbour said.

9.   But whether Zeiss will be allowed to deal with such loss of revenue by further reducing employment is questionable.

10.   Company spokesman Scott Hallman said Lockheed will re-evaluate staff needs before making decisions on whether to reduce employment at the laboratory.