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Record US Corporate Profits Coincide with Historic Low Worker Share
New economic data reveals that American corporate profits have climbed to unprecedented levels while the labor share of national income has dropped to a record low. The divergence highlights growing wealth concentration between businesses and employees.
28 Aug, 04:00 — 28 Aug, 08:10
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
Far L
Left
Center2
Center (2)
moneycontrolFT
Right
Far R
Geographic diversity— 2 regions9/34
India1UK1
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
FTVery High3d ago
US corporate profits surge to record as worker payouts wilt
Pre-tax earnings hit highest level since after the second world war as employee remuneration slides
Read full article →moneycontrol3d ago
US corporate profits hit record high as workers' share sinks to historic low: Report - Moneycontrol.com
US corporate profits hit record high as workers' share sinks to historic low: Report Moneycontrol.com
Read full article →Coverage Timeline
First report: FT · 28 Aug, 04:00|Full coverage: 2 · 4h|Window: 4h
Left-leaningCenterRight-leaning
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