Question

what is the relation between wages and market situation? short answer

Answer 1

ANSWER
........................
==this relationship IS interpreted with caution,

its rationale is rooted in a very simple economic principle:

%%When the labor market is tight

—that is, when demand for labor is high compared with the supply of labor—

wages tend to increase.

Answer 2

overally market situation is higher then wages.
because the people of our county have no more wages.a lot of people live under the poverty line.