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Meaning
  1. 1
    English · JMdict
    labor's share (of income)
  2. 2
    English · Wikipedia

    In economics, the wage 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 wage is a key indicator for the distribution of income. The wage share is countercyclical; 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."However, the wage share has declined in most developed countries since the 1980s.

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ひらがな

The rounded, flowing kana. Hiragana writes native Japanese words, grammar endings, and anything without (or alongside) kanji — it's the first script you learn. Each character stands for one syllable.

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ねこ — cat