Exact(10)
By level of skill, labor compensations tend to concentrate in compensations to medium-skilled labor.
In average, a little more than 18% of exports value added between the three members corresponds to labor compensations in the USA, 13.3% of labor compensations in Canada, and 3.1% for Mexico.
Even more, the average labor compensations per hour grew less for the three types of Mexican workers.
For American workers, throughout the whole period, a tendency toward a larger participation of labor compensations for high-skilled workers can be observed.
It must be highlighted that for the Canadian and American economies, labor compensations are always above (in volume) the capital compensations, for Mexico is the exact opposite.
By skill level, labor compensations directly and indirectly generated by trade flow between NAFTA members show a distribution pattern that tends to compensate medium-skilled labor in the three countries.
Similar(50)
Economists often look at labor compensation for clues about inflation.
Nor does it try to tax Carl's sweat equity as labor compensation.
It's simple: profits have surged as a share of national income, while wages and other labor compensation are down.
He provides a chart, Figure 2, showing "how labor compensation has failed to keep pace with productivity growth".
They allow our wealthiest citizens to pay very low tax rates by pretending that their labor compensation is a capital gain.
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Justyna Jupowicz-Kozak
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