Workers lose out from declining wage share

Europe Europe

An analysis by the ETUC reveals the impact of the declining wage share across Europe.If the proportion of GDP made up by wages were the same as in the early 1990s working people in the EU would have earned an extra €1764 in 2017 alone! The proportion of GDP made up by wages has been in decline since the mid-1970s. Wages made up 72% of EU GDP in 1975, and in 2017 made up less than 63%.

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