Difference between revisions of "Wage Differential"
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Latest revision as of 18:50, 11 March 2020
Wage Differential - (adjective + noun)
Definition
This refers to the difference in wages between (1) Workers with different skills who are working in the same sector or (2) People with similar skills working in different industries or locations.
Extra
Source: Adapted from dictionary.com
Example of Use: The wage differentials between Western and Eastern Europe explain the movement of labour between the EU states.