Labor share falls to historic lows as corporate profits explode
The share of economic growth that goes to labor fell to a record low, hitting 52.8%, as the economy grows but worker pay is an ever-smaller slice of the pie.
It is now the least rewarding time to be a worker in the U.S. economy since the government started keeping track.
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https://www.nbcnews.com/business/economy/labor-share-historic-lows-worker-pay-rcna596004
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Updated: 3 days ago