Labor share behavior in 2022 doesn’t look like “overheating”: Labor’s share of income in the corporate sector, 1949–2018

Note: Shaded areas denote recessions.
Source: Bureau of Economic Analysis (BEA) National Income and Product Accounts (NIPA).
Note: Shaded areas denote recessions.
Source: Bureau of Economic Analysis (BEA) National Income and Product Accounts (NIPA).