Post #4382099

In 2026, the share of gross domestic income going to wages & salaries *LABOR SHARE🚨-LOWEST LEVEL IN THE POST-WAR PERIOD. BEA: labor share stood at 42.7% in 2023/2024 & near that level in 2025 *a sharp drop from the late 20thC aver of ~63%. A falling labor share typically indicates:🚨productivity, prices, or both: growing faster than wages, or that cap income (eg profits, int, rents) is capturing a larger share of income. -Lib St Ec #Progressives #Oligarchs #Economy #USPol https://www.epi.org/productivity-pay-gap/