Chart Library
2026-11-09

US Labor Share of Nonfarm Business Income Falls to ~53%, a Record Low Since 1947

US Labor Share of Nonfarm Business Income Falls to ~53%, a Record Low Since 1947

Key points

Labor share of income, US nonfarm business sector, %, 1947-2026 | Down from ~64-66% postwar to about 53%, a record low and still falling

Image source: @MikeZaccardi