Raymond Robertson

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

Active; commenting on the labor share decline

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%.

Updated 1 hour ago

Notable Quotes

"The falling share of income is having to do with the shift towards capital."

from U.S. labor share falls to lowest level since 1947 · Updated 1 hour ago

"All these things, bit by bit, are replacing people, and they're concentrating income and their share of capital."

from U.S. labor share falls to lowest level since 1947 · Updated 1 hour ago