This Number Helps Explain why Many Americans are Down on the Economy
American workers' share of the economic pie has fallen to its lowest level since at least 1947 ...
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LampLighter
Joined 2013/04/13Visited 2026/07/02
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It's time that American workers get their fair share of the wealth they create for billionaires.[image or embed] -- Senator Chris Van Hollen (@vanhollen.senate.gov) 5:44 PM · Jun 29, 2026
It's time that American workers get their fair share of the wealth they create for billionaires.[image or embed]
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... The measure, known as "labor share of income," tracks how much of the nation's economic output flows to workers in the form of wages and salaries, as opposed to the share that goes to investors and corporations through profits, dividends and other capital income. A shrinking labor share of income indicates that more economic gains are flowing to shareholders and business owners, rather than to workers. As of early 2026, American workers received 54.1% of national income, according to research from the Federal Reserve Bank of New York. By comparison, that figure topped 65% almost 80 years ago, when the government began tracking the data following World War II. In early 2020, it stood at 57.7%, indicating that workers have continued to lose ground since the pandemic. Roughly 48% of Americans said their financial situation was worse in May than a year ago, the highest share since January 2023, according to a recent survey by the Federal Reserve Bank of New York. Three-quarters of Americans said their incomes aren't keeping up with inflation, according to a May CBS News poll. Roughly 29% of respondents said the economy was in good shape. ...
As of early 2026, American workers received 54.1% of national income, according to research from the Federal Reserve Bank of New York. By comparison, that figure topped 65% almost 80 years ago, when the government began tracking the data following World War II. In early 2020, it stood at 57.7%, indicating that workers have continued to lose ground since the pandemic.
Roughly 48% of Americans said their financial situation was worse in May than a year ago, the highest share since January 2023, according to a recent survey by the Federal Reserve Bank of New York.
Three-quarters of Americans said their incomes aren't keeping up with inflation, according to a May CBS News poll. Roughly 29% of respondents said the economy was in good shape. ...
#1 | Posted by LampLighter at 2026-07-01 07:08 PM | Reply
Yeah, there has been a massive, government endorsed?, transference of the Country's wealth upwards towards billionaires and away from workers.
#2 | Posted by LampLighter at 2026-07-01 07:10 PM | Reply
Danny O'Keefe ~ Good Time Charlie's Got The Blues (1972) www.youtube.com
#3 | Posted by LampLighter at 2026-07-01 10:27 PM | Reply
Most of the people who could change this only care about making certain that nobody is sponging off of a social safety net.
#4 | Posted by Whatsleft at 2026-07-02 12:50 PM | Reply
It's almost as if the workers have been lied to for over 50 years that tax cuts create jobs and generate wealth for all. For some reason many still believe it.
#5 | Posted by MBlue at 2026-07-02 01:02 PM | Reply
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