With an unemployment rate of 8.5%, a labor-force participation rate of only 64%, and stagnant real wages, labor income has fallen to an historic low of 44% of national income. And labor income is the most important component of household earnings, the major driver of consumption spending.
目前失业率高达8.5%，劳动市场参与率只有64%，真实工资一直停滞不前，这导致劳动收入占国民收入的比重只有44%，为历史最低值。劳动收入是家庭收入的最重要组成部分，也是消费支出的主要推动力。