Labor Income
| Variable name | Labor Income |
|---|---|
| Parent variable | LifeCycle Deficit |
| Code | 120,000 YL |
| Description | Labor income is all compensation that is a return to work effort. It includes labor earnings, employer-provided benefits, taxes paid to the government on behalf of employees, and income from self-employment that is a return to labor. Paid leave (vacation and sick leave) is not counted as compensation. Labor income does not include the value of time associated with childrearing or other at-home activities that do not produce market goods or services. |
| Sub variables | Earnings Self-employment labor income |