Report
Patrick Artus

Does full employment lead to income distribution that favours employees?

In the last 20 years, income distribution has on average become skewed at the expense of employees in the United States, the euro zone and Japan. In the recent period, significant pressure on labour markets has once again returned (very low unemployment rate, major hiring difficulties). Has it resulted in a n income distribution that is more favour able for employees, which may show that they still have a little bargaining power? That has been the case in the euro zone and Japan since early 2018, but not in the United States.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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