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  1. The historic shift from wage to profit share

    government’s private-sector led economic recovery plans will get the economy back on track. It has forecast ... * * * p10_trade_union_membership_wages_and_profit_shares_of_gdp_1975_to_2019_graph.jpg Profit and labour shares of GDP vs union density. Chart by Paul Oboohov based on Australian Bureau ... comprised those officially unemployed, plus those on reduced hours of work — equivalent to 20% of the labour market, ...