Workers' share of US output has fallen

Labour's share of US nonfarm business sector output, quarterly, 1947 to 2026 (index, 2017 = 100).

(Please use a modern browser to see the interactive version of this visualization)

Index measures compensation of employees relative to nominal nonfarm business output, rebased so 2017 equals 100. Level declines below 100 imply labour took a smaller share than in 2017.

Chart: Centre for British ProgressSource: BLS Nonfarm Business Sector Labor Share (PRS85006173, 2017 = 100)Get the dataCreated with Datawrapper