Wage share in the context of "Distribution of income"

Employment rate, also called the employment-to-population ratio, is a statistical ratio that measures the proportion of a country's working age population (statistics are often given for ages 15 to 64) that is employed. This includes people that have stopped looking for work. The International Labour Organization states that a person is considered employed if they have worked at least 1 hour in "gainful" employment in the most recent week.

The employment-to-population ratio is usually calculated and reported periodically for the economy by the national agency of statistics.

Bowley's law, also known as the law of the constant wage share, is a stylized fact of economics which states that the wage share of a country, i.e., the share of a country's economic output that is given to employees as compensation for their work (usually in the form of wages), remains constant over time. It is named after the English economist Arthur Bowley. Research conducted near the start of the 21st century, however, found wage share to have declined since the 1980s in most major economies.