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Many of our seminars and public events this year will continue as in person or as hybrid (online and in person) events.

Please check our website listings and Twitter feed @STICERD_LSE for updates.

Unless otherwise specified, in-person seminars are open to the public. Please ensure you have informed the event contact as early as possible.

Those unable to join the seminars in-person are welcome to participate via zoom if the event is hybrid.

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About this event

This presentation analysed the growth of productivity and pay in the UK over the last 40 years. We showed that mean employee compensation and labour productivity have both almost doubled. However, when extending the analysis to the self-employed, we found a 60 percentage point difference in growth rates of employee and self-employed income between 1980 and 2019. This difference almost entirely explains the slight fall in the UK's labour share of GDP over that time period. If we further exclude non-wage compensation elements from the labour share, we found an even bigger fall (over five percentage points).