Trends in net productivity: Median compensation gap and explanatory factors, 1973–2014

1973– 1979 1979–1995 1995– 2000 2000– 2007 2007– 2014 2000– 2014 1973–2014
A. Net productivity–median compensation gap, no price divergence (annual growth)
0.35% 0.84% 0.42% 1.17% 0.98% 1.08% 0.80%
B. Explanatory factors impact (annual growth)
Inequality of compensation 0.48% 0.69% 1.04% 0.66% 0.49% 0.58% 0.66%
Loss in labor’s share of income -0.13% 0.14% -0.61% 0.51% 0.48% 0.50% 0.13%
C. Relative contribution to net productivity gap (percent of gap)
Inequality of compensation 137.1% 82.1% 247.6% 56.4% 50.0% 53.7% 82.5%
Loss in labor’s share of income -37.1% 16.7% -145.2% 43.6% 49.0% 46.3% 16.3%

Note: The gap excludes the influence of diverging consumer and producer prices.

Source:  Analysis of data in Bivens and Mishel 2015 (Table 1)

View the underlying data on epi.org.