> from SLATE > Declining Labor Share of Income Is Concentrated In Union-Heavy Economic > Sectors > By Matthew Yglesias > Posted Thursday, May 30, 2013, at 9:09 AM > [from > http://www.slate.com/blogs/moneybox/2013/05/30/tali_kristal_on_labor_unions_and_the_declining_labor_share.html > > (including the graph)] > The declining labor share of overall national income is one of the > most striking trends of our time. ... I looked at the percentage of population working in the USA and found that it declined from 72.2% in 1990 to 66.6% in 2011. I looked at the census data and found that the wage income as a percent of total personal income declined from 69.2% in 1990 to 63.7% in 2010. Part of the decline can be attributed to increase in SS payments. -- Ron
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