Summary

Describes the measurement of the labour share and analyses the factors contributing to its changing trends over time.

Publications

• Trends in the UK labour share: 1997 to 2023

  Over the last two-and-a-half decades, the share of total UK income going to workers has increased by just under 6 percentage points; this not only partly reverses the long-run decline in the labour share experienced by most advanced countries, but sets the UK apart as a nation where the labour share has shown a marked increase.

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