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 | 75.75% |
| Apr-2022 | 74.87% |
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)