In December 2010, workers' share of GDP hits all-time low (54.4%), down from 60% in 1970

June 6, 2015

"...the end of December, the conclusion of a year in which workers' share of the U.S. economic pie shrank to the smallest piece ever: 54% of GDP, down from about 60% in the in70s"

 

Rana Foroohar, “Your Incredible Shrinking Paycheck: The recession is over, but its legacy of falling wages is likely to stick with us,” TIME Magazine, Feb. 28, 2011. Online link available here: http://content.time.com/time/magazine/article/0,9171,2050019,00.html

 

[verified 4/22/14]

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