Joseph Briggs

Analyst, Goldman Sachs

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Last updated Nov 2, 2026

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U.S. labor share falls to lowest level since 1947

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American workers took home 52.8% of the country's income in the second quarter of 2026, the smallest slice since the Bureau of Labor Statistics began tracking the figure in 1947. The previous quarter was 53.6%. This decade's average is about 55.6%.

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