Saturday, October 29, 2016

Labor share story "Over the past 15 years, while profits rose, the decline in labor’s share of national income accelerated, reaching its lowest level ever since World War II. And though this trend has begun to show signs of reversal since mid-2014, labor’s share of income is well below the 2000 year level "

But how big is the swing from peak share to trough share ?
Is it  trills or  hundreds of bills  ?

8%  would mean were above a trill

Spread that evenly among 130 million  job comp  earners ....
Say a million three per 130 souls or

10 k per
Wage rated ?

 7  - 8 dollars plus per hour