Employee compensation as a share of national income has fallen to its lowest point since 1951, at 66%, while profits rose to a level not seen since around the same time, at about 16%, said Christopher Probyn, chief economist at State Street Global Advisors.
wage share falls again
May 05, 2014 at 08:56 AM EDT
Employee compensation as a share of national income has fallen to its lowest point since 1951, at 66%, while profits rose to a level not seen since around the same time, at about 16%, said Christopher Probyn, chief economist at State Street Global Advisors.
