All in all, these findings show the extent to which wealth inequality shapes labour market outcomes. This further motivates the need to better design wealth redistribution policies. In addition, the stylised fact that wealth-poor individuals are trapped in a state of low income regardless of the unemployment rate does not easily follow from standard competitive labour market modelling. Hence, we advocate for more evidence on the matter, not only to inform public policies aimed at improving employment opportunities but also to improve the macroeconomic modelling of the labour market. Moreover, we think that our main result, whereby the slope of the wage curve is a positive function of gross wealth, can be incorporated in any macroeconomic model of the labour market that wishes to account for wealth inequality in its dynamics.