§ 40. Mr. Douglasasked the Chancellor of the Exchequer if he will publish statistics showing the share of the national income taken in wages and salaries in the period 1960–70.
§ Mr. HigginsFigures for 1970 are not yet available. As the rest of the answer is in the form of a table of figures, I will, 383W with permission, circulate it in the OFFICIAL REPORT.
Following is the information:
INCOME FROM EMPLOYMENT AS A PERCENTAGE OF NATIONAL INCOME* Income from employment† of which Wages and salaries 1960 … 72.7 65.8 1961 … 73.4 66.5 1962 … 74.1 67.0 1963 … 73.3 66.0 1964 … 73.4 66.2 1965 … 74.2 66.6 1966 … 75.7 67.6 1967 … 74.6 66.5 1968 … 75.7 67.3 1969 … 77.5 68.9 1970 … * After deducting stock appreciation and capital consumption. † Wages and salaries plus pay of H.M. Forces plus employers' contributions to national insurance, superannuation funds, etc.
§ 67. Mr. J. H. Osbornasked the Chancellor of the Exchequer what percentage of the national income was derived from employment, self-employment, rent dividend and net interest received, respectively, in 1969, 1964, 1959 and 1954; and what estimate has been made of the position five years hence.
§ Mr. HigginsI cannot give an estimate of the position five years hence. The rest of the answer is in the form of a table:
PERCENTAGE SHARES OF NATIONAL INCOME* 1954 1959 1964 1969 Income from employment 70.5 72.1 73.4 77.5 Income from self-employment 9.5 8.4 7.5 7.3 Rent, dividends and net interest received by the personal sector† 8.9 9.7 11.7 11.8 * After deducting stock appreciation and capital consumption. † Including receipts by life assurance and pension funds and by private non-profit-making bodies.