Workers' share of corporate income hasn't recovered: Share of corporate-sector income received by workers over recent business cycles, 1979–2022

date Labor share
Jan-1979 79.08%
Apr-1979 79.52%
Jul-1979 80.29%
Oct-1979 80.81%
Jan-1980 81.28%
Apr-1980 82.76%
Jul-1980 81.96%
Oct-1980 80.65%
Jan-1981 80.38%
Apr-1981 80.46%
Jul-1981 79.67%
Oct-1981 80.48%
Jan-1982 81.52%
Apr-1982 80.90%
Jul-1982 81.02%
Oct-1982 81.59%
Jan-1983 81.00%
Apr-1983 79.95%
Jul-1983 79.47%
Oct-1983 79.07%
Jan-1984 77.85%
Apr-1984 78.02%
Jul-1984 78.52%
Oct-1984 78.41%
Jan-1985 78.50%
Apr-1985 78.73%
Jul-1985 78.43%
Oct-1985 79.77%
Jan-1986 80.14%
Apr-1986 80.99%
Jul-1986 81.75%
Oct-1986 82.02%
Jan-1987 81.98%
Apr-1987 81.16%
Jul-1987 80.66%
Oct-1987 81.23%
Jan-1988 81.24%
Apr-1988 81.20%
Jul-1988 81.07%
Oct-1988 80.46%
Jan-1989 80.93%
Apr-1989 81.15%
Jul-1989 81.20%
Oct-1989 82.18%
Jan-1990 82.04%
Apr-1990 81.91%
Jul-1990 82.95%
Oct-1990 83.44%
Jan-1991 82.47%
Apr-1991 82.72%
Jul-1991 83.04%
Oct-1991 83.54%
Jan-1992 83.17%
Apr-1992 83.35%
Jul-1992 83.77%
Oct-1992 83.19%
Jan-1993 83.67%
Apr-1993 82.89%
Jul-1993 82.86%
Oct-1993 81.60%
Jan-1994 81.59%
Apr-1994 81.44%
Jul-1994 80.82%
Oct-1994 80.51%
Jan-1995 80.82%
Apr-1995 80.55%
Jul-1995 79.69%
Oct-1995 79.86%
Jan-1996 79.30%
Apr-1996 79.26%
Jul-1996 79.40%
Oct-1996 79.48%
Jan-1997 79.13%
Apr-1997 79.05%
Jul-1997 78.40%
Oct-1997 78.69%
Jan-1998 79.81%
Apr-1998 80.08%
Jul-1998 79.99%
Oct-1998 80.64%
Jan-1999 80.47%
Apr-1999 80.73%
Jul-1999 81.13%
Oct-1999 81.49%
Jan-2000 81.84%
Apr-2000 81.96%
Jul-2000 82.50%
Oct-2000 83.32%
Jan-2001 83.27%
Apr-2001 82.98%
Jul-2001 83.18%
Oct-2001 84.19%
Jan-2002 82.28%
Apr-2002 82.05%
Jul-2002 81.91%
Oct-2002 80.85%
Jan-2003 80.40%
Apr-2003 80.27%
Jul-2003 79.89%
Oct-2003 79.92%
Jan-2004 78.79%
Apr-2004 78.68%
Jul-2004 78.58%
Oct-2004 78.44%
Jan-2005 77.14%
Apr-2005 76.81%
Jul-2005 76.94%
Oct-2005 75.72%
Jan-2006 75.37%
Apr-2006 75.27%
Jul-2006 74.61%
Oct-2006 75.91%
Jan-2007 77.23%
Apr-2007 76.82%
Jul-2007 78.04%
Oct-2007 79.08%
Jan-2008 79.51%
Apr-2008 79.59%
Jul-2008 79.89%
Oct-2008 83.64%
Jan-2009 79.85%
Apr-2009 79.55%
Jul-2009 78.55%
Oct-2009 77.55%
Jan-2010 76.48%
Apr-2010 76.92%
Jul-2010 74.95%
Oct-2010 75.06%
Jan-2011 77.19%
Apr-2011 76.03%
Jul-2011 76.09%
Oct-2011 74.30%
Jan-2012 73.91%
Apr-2012 74.14%
Jul-2012 74.42%
Oct-2012 75.17%
Jan-2013 74.78%
Apr-2013 74.94%
Jul-2013 75.11%
Oct-2013 74.74%
Jan-2014 76.13%
Apr-2014 74.26%
Jul-2014 73.49%
Oct-2014 73.86%
Jan-2015 74.38%
Apr-2015 74.42%
Jul-2015 74.97%
Oct-2015 75.50%
Jan-2016 75.09%
Apr-2016 75.57%
Jul-2016 75.66%
Oct-2016 75.81%
Jan-2017 76.13%
Apr-2017 76.01%
Jul-2017 76.28%
Oct-2017 76.48%
Jan-2018 76.13%
Apr-2018 76.01%
Jul-2018 75.57%
Oct-2018 75.54%
Jan-2019 76.75%
Apr-2019 76.61%
Jul-2019 76.56%
Oct-2019 76.45%
Jan-2020 78.17%
Apr-2020 78.23%
Jul-2020 75.22%
Oct-2020 76.10%
Jan-2021 75.14%
Apr-2021 73.91%
Jul-2021 74.26%
Oct-2021 74.87%
Jan-2022 75.69%

Notes: Shaded areas denote recessions. Federal Reserve banks’ corporate profits were netted out in the calculation of labor share.

Source: EPI analysis of Bureau of Economic Analysis National Income and Product Accounts (Tables 1.14 and 6.16D)

View the underlying data on epi.org.