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wage share - translation to russian
![Labor share in the [[United States]] from 1948–2016, comparing time series from the [[Bureau of Labor Statistics]] and [[Bureau of Economic Analysis]].](https://commons.wikimedia.org/wiki/Special:FilePath/FRED graph of US labor share 1948–2016.svg?width=200 "Labor share in the [[United States]] from 1948–2016, comparing time series from the [[Bureau of Labor Statistics]] and [[Bureau of Economic Analysis]].")
![A share certificate from 1936 entitling the holder to shares in [[Greyhound Lines]].](https://commons.wikimedia.org/wiki/Special:FilePath/Greyhound stock certificate.jpg?width=200 "A share certificate from 1936 entitling the holder to shares in [[Greyhound Lines]].")
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Definition
Wikipedia
In economics, the wage share or labor share is the part of national income, or the income of a particular economic sector, allocated to wages (labor). It is related to the capital or profit share, the part of income going to capital, which is also known as the K–Y ratio. The labor share is a key indicator for the distribution of income.
The wage share is countercyclical;: 13 that is, it tends to fall when output increases and rise when output decreases. Despite fluctuating over the business cycle, the wage share was once thought to be stable, which Keynes described as "one of the most surprising, yet best-established facts in the whole range of economic statistics". The wage share has declined in most developed countries since the 1980s.
