noun
labor's share of income; labor share
Economic term referring to the proportion of total income or value added that goes to labor (wages, salaries, benefits) as opposed to capital. Used in macroeconomics and labor economics.
日本の労働分配率は近年低下傾向にある。
Japan's labor share has been on a declining trend in recent years.
労働分配率の計算には、人件費を付加価値で割る。
To calculate the labor share, divide personnel expenses by value added.
Compound of 労働 (labor) + 分配 (distribution, share) + 率 (rate, ratio). A straightforward modern technical term.