Future of Work

Sweden's secret to keeping wages high


Cold comfort: Wages as a share of GDP have fallen, but Sweden is bucking the trend Image: REUTERS/Henrik Montgomery/Scanpix

Karl-Petter Thorwaldsson
Deputy President, International Trade Union Confederation (ITUC)
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Future of Work

Adjusted wage share development 1970 – 2015 (as a percentage of GDP) Image: AMECO database
 Redistribution effect of trade unions in advanced economies
Redistribution effect of trade unions in advanced economies Image: Jaumotte, F and C Osorio Buitron (2015), Inequality and Labour Market Institutions, IMF Staff Discussion Note No. 15/14, International Monetary Fund
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Related topics:
Future of WorkEconomic ProgressInequalityEducation, Skills and Learning
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