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Nov 5, 2012

Labor As a Share of Total Income; Decling Trend in the U.S.

This graph shows the share of labor income in the United States as a share of total income. There are two sources of data for the labor income, the NIPA data and the BLS data. As you can see both data have been declining structurally since the beginning of the 2000's. Will this trend continue?
Lukas Daalder

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