§ Mr. Gryllsasked the Secretary of State for Industry to what extent the share of wages and salaries in total income generated by manufacturing industry has increased during the past decade.
§ Sir Keith Joseph[pursuant to his reply, 3 June 1981, c. 362]: The share during the years 1969 to 1979 is shown by the following table. I regret that figures are not yet available for 1930.
92W
Wages and salaries as percentage total income—net of stock appreciation—generated by manufacturing industry per cent. 1969 66.7 1970 68.9
per cent. 1971 68.2 1972 66.5 1973 66.1 1974 73.7 1975 72.2 1976 70.6 1977 67.5 1978 67.2 1979 70.5 Note:
Total income is before providing for depreciaton. The other components of total income—or gross value added—are employers' contributions for national insurance, pensions and so on—8.0 per cent. of total income in 1979—gross trading profits of companies, self-employment income and gross trading surpluses of public corporations.
Source:
National Income and Expenditure 1980 ("Blue Book") table 3.1.