U.S. Labor's Share of GDP
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A U.S. Labor's Share of GDP is a labor's share of GDP based on U.S. labor market salaries with respect to U.S. GDP.
- Context:
- It has been generally dropping since 1970.
- …
- Counter-Example(s):
- See: U.S. Labor Participation Rate.
References
- https://research.stlouisfed.org/fred2/series/PRS84006173 "Business Sector: Labor Share"
2016
- FRED, Federal Reserve Bank of St. Louis. (2016). “Compensation of Employees: Wages and Salary Accruals/Gross Domestic Product." Retrieved from FRED, Federal Reserve Bank of St. Louis.
2016
- FRED, Federal Reserve Bank of St. Louis. (2016). “Share of Labour Compensation in GDP at Current National Prices for United States." Retrieved from FRED, Federal Reserve Bank of St. Louis (LABSHPUSA156NRUG)
2015
- http://www.zerohedge.com/news/2015-09-21/why-has-labors-share-gdp-declined-40-years "Why Has Labor's Share Of GDP Declined For 40 Years?"
- QUOTE: Why Has Labor's Share of Gross Domestic Product (GDP) been declining for 40 Years? The question cuts right to the heart of the core socio-economic issues of our era: the decline of secure work and the explosive rise of wealth and income inequality.
