Sentences with phrase «labour share of income»

And finally unemployment is low and labour share of income is low.

Not exact matches

The productivity - median compensation divergence can be broken down into two aspects of rising inequality: the rise in top - half income inequality (divergence between mean and median compensation) which began around 1973, and the fall in the labour share (divergence between productivity and mean compensation) which began around 2000.

In the US, a first generation of fatherhood programmes, notably Parents» Fair Share (PFS) recorded the difficulty and complexity of improving labour market outcomes for low income men.

Labour MP David Lammy proposes a shift to taxation of unearned wealth from taxation of income and that we adopt power - sharing and profit - sharing in companies in his 2011 book Out of the Ashes.

Though technological developments might put downward pressure on labour's share of national income, workers would be compensated for this by their greater access to the return on capital.

Thomas Piketty's Capital in the Twenty First Century argues that, absent corrective action, we can look forward to a rise in capital's share of national income and a corresponding depression of the share of labour.

The Low Incomes Tax Reform Group (LITRG) has welcomed a recommendation in a report by the House of Commons Work and Pensions Committee that the «self - employed» should be given at least «worker» employment status unless the engager of their labour can prove otherwise.1 This is a recommendation that LITRG made in written evidence to a separate inquiry.2 LITRG believes that the denial of employment rights to people working in the «gig economy» and the exploitation of other flexible workers regarding their taxes share a common cause: the workers» own lack of knowledge, their reluctance to challenge their treatment because they lack confidence or just need the work and the businesses involved apparently having little fear of action being taken against them by public bodies.

But Labour MP Paul Flynn said: «It's what the Tories call the shared society: a top Tory's share is a # 15million bonanza and millions of sick and disabled share a loss of # 30 weekly income.»

Last week, I wrote that the Government is currently on track to haul back the State's share of the economy from the ruinous 47.7 per cent of national income it reached under Labour to 39.5 per cent within five years.

The Labour government did reduce the national debt - as shown in the national accounts - as a share of national income at the end of the last century (although it's questionable whether most people would understand this to be the «last few years» of which Brown went on to speak).

He said Labour had «never sought to devolve income tax - varying powers and warned that such a move risks «undermining the union» by limiting the «ability to pool risk and share rewards between the peoples and regions and nations of Britain.»

First, corporate profits are booming because of declining commodity prices and a weak jobs market that has driven down the cost of labour (the share of U.S. GDP going to labour income is at its lowest level in 50 years).

Deficits in labour force status, income share, educational status, housing and health among Aboriginal people in the region are of a scale that only a partnership approach to regional development involving both industry and government could hope to redress.114