Oksana Koneva

Justin Wolfers: Labor share of income reaches all-time low as owners gain more

Justin Wolfers: Labor share of income reaches all-time low as owners gain more
Labor share hits corporate income low

Justin Wolfers reports that labor's share of income has dropped to an all-time low, meaning workers are receiving a smaller portion of every dollar earned by companies.

Wolfers explains that income is increasingly shifting toward company owners, resulting in workers taking home less as a proportion of corporate earnings.

Wolfers previously reported that U.S. consumer sentiment is at its lowest level in 70 years, citing concerns about the economy and trust in Washington. He has also analyzed market reactions to potential Federal Reserve decisions. These topics remain central as attention turns to the distribution of corporate income.

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