The Record Divide Between Corporate Profits and Worker Pay
2d ago
"Labor’s share of gross domestic income sank to 51%, the lowest since records began in 1947. Profits’ share climbed to 12.1%, the highest since 1950."
"Adjusted for inflation, hourly wages are up 3% since the end of 2019 while profits are up 50%."
#GildedAge2
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