Report
Income distribution between wages and profits since 2018
We look at how income has been distributed between wages and profits since the start of 2018 in the United States, the euro zone and the United Kingdom. This period has been marked by major shocks (COVID crisis, war in Ukraine, surging inflation, etc.). We see that income distribution: In the United States, has become skewed against wage earners; In the euro zone, has remained stable; in the United Kingdom, has become skewed in favour of employees. Since 2018, labour market s have been very tight (low unemployment, major hiring difficulties), except in 2020; we can therefore see that the skewing of income distribution is only consistent with labour market tightness in the United Kingdom; in the United States and the euro zone, despite the very tight labour market, income distribution has not become skewed in favour of wages since 2018.
Provider
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.
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