Figure C

Labor's share of income spikes in recessions, plummets in early recoveries, and ascends in late recoveries: Labor's share of income in the corporate sector, 1949–2018

Labor's share of income spikes in recessions, plummets in early recoveries, and ascends in late recoveries: Labor's share of income in the corporate sector, 1949–2018

Note: Shaded areas denote recessions.

Source: Author’s analysis of Bureau of Economic Analysis National Income and Product Accounts (Table 1.14)

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